RE:RE:RE:RE:RE:RE:RE:RE:RE:QUINTY...RE: $USD Dividends,,,,,,,,,,Silkos, for once I disagree. I bought a number of US stocks in 2010, when the Canadian dollar was worth more than the greenback. As I recall, one loony was worth $1.08 US.
Because in the aftermath of the 2008 financial crisis, the shares were cheep. So while the nominal, perpetual divdend on the $25 US preferred was 4 1/2 percent, or $1.125 US, and since I bought them for $19.40 US, which was 8% less in Canadian funds, and the 4 1/2 per cent dividend in US funds, which equals $1.53 CaD TODAY, or 8.52 % That IS DEFINATELY A GOOD PREMIUM.
As you probably know well, TIMING IS EVERYTHING, and I just provided you with a simple proof.