RE:RE:RE:RE:GOT Paid "TODAY" DEC 15th >)) THANK YOUYou are spot on wrt the corporate and in-house drip programs.
I too like to contorl the divi cash and the share repurchases as I don't feel the brokerages always have my best interests at heart.
That being said it looks like the in-house at TD did pretty well for these gentlemen as they got more shares at a 10% yield.
The corporate drip is a better deal as the discount was probably worth the tax juggle (you cloud always sell some of the dicounted shares to make up the shortfall later ...maybe.)
I am just curious if TD charges a fee on the in-house drip share purchase?
The lack of the fee could add to its attractiveness.
GLTY and congrats to those that got more for less. ;-)
TimeBuilder wrote: CJ does not have a in house corporate DRIProgram with shares from treasury to the best of our knowkedge......
So your shares must have been bought on the OPEN market by your brokerage firm .with your dividend cash.
So the price could vary based on the "Timing" of their buy order.
FYI: Back in the day we only used corpany DRIPrograms with discounting. Now all our div/dist payments are cash only as we need the payments to the tax man as they come first. ;>(
We like to control all pricing when buying shares on the open market, so the type of DRIProgram was important when we invested in any company..
Stand to be corrected on this subject
Regards, TimeBuilder