RE:RE:RE:RE:RE:RE:RE:QUINTY...RE: $USD Dividends,,,,,,,,,,There is no 30-36% premium. The CAD amount is converted to USD which ends up being less.
The bank also charges him when he changes it back to CAD.
The guy is a dunce.
bttmfischer wrote: Red Deer, actually, they improved somewhat, but nowhere as efficient as the others.
I don't mind this method of theirs, the dividend is exactly what it should be on the cheque, and I am content, except they take a number of days to mail ti to me, but 30-36% premium I can live with.
The only thing is the dividend is not adjusted for changes in bank rate, but this is not a perfect world.