RE:Dividend payout?Shareholders will receive CAD$0.41 per each SVS held, being $0.215 in connection with the return of capital, and $0.195 in connection with the dividend payment.
My assu,ption is your cost for gain or loss on the shares will be based on the 21.5 cents and divi taxed as such..I sold on friday to just worry about the capital gain on the stockl. Left a penny on table and of course the shares are gone......Had some in TFSA I will ride out for payout...My guess arbitarge players were buying 40 to get the penny and maybe dividends in their case could be taxed differently as they would surely have a almost 100% loss on stock if they bought for 40 and get 41 divi.....