Enbridge Inc T.ENB.PR.Y

RE:RE:RE:ENB back to where I sold them at 54- 54.50 Pre Div -X date

[Larrymartin77]

SargeX wrote: Hey CK

I have quite a few people on ignore so not sure who this is a response to and what it's all about. 

To clarify, we hold the dough for the grandkids in separate non-reg accounts that are in our names. Therefore, we are paying the taxes on the accounts to keep things simple. In our case, we live in Alberta and our net incomes are both in the second tax bracket so our marginal rate on dividends is 10.16%. (so better than the 15.25% on capital gains).

Ciao
  Sarge

ckwong wrote: It is also depending on your tax bracket whether the dividend credit can give you better advantage or the capital gain. For SargeX's grandchildern, if their net worth is low, they may not pay a penny of tax if all incomes are dividend and less than C$60K.The threshold could be wrong but you get the idea.

Thanks for the great post Sarge, Thumbs up