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Bullboard - Stock Discussion Forum Alaris Royalty Corp ALARF

"Alaris Royalty Corp is engaged in investing in operating entities. Its operations consist primarily of investments in private operating entities, typically in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, loans receivable, or long-term license and royalty arrangements."

GREY:ALARF - Post Discussion

View:
Post by TimeBuilder on Aug 19, 2019 8:32pm

DRIP

NO Treasury/Company DRIP only Brokerage/Syn


ALARIS DIVIDEND PROGRAM

Alaris only offers a cash dividend to its shareholders and does not offer a Dividend Reinvestment Plan (“DRIP”) or Stock Dividend Program (“SDP”). 

Historically, all dividends paid on Alaris Common Shares have been designated as “eligible dividends” for Canadian income tax purposes.  Alaris will post a notification of change to this website in the event a dividend is not an “eligible dividend”. 

The actual taxable amount of dividends will be communicated to shareholders on a T5 – Statement of Investment Income (“T5 slip”) on or before the last day of February following the year in which the dividends were paid.  Registered shareholders who receive the dividend from the transfer agent, Computershare Trust Company of Canada (“Computershare”) will receive a T5 slip directly from Computershare.  Beneficial owners will receive a T5 slip from their broker, investment dealer, financial institution, or other nominee as applicable.

Shareholders are advised to consult their tax advisors regarding questions relating to the tax treatment of Alaris Royalty Corp’s dividend.

Comment by jjeerryy on Aug 19, 2019 9:42pm
Proceed with caution on the DRIP issue. While some stocks do not offer a DRIP for the dividend some brokers offer a similar program to cover those stocks who do not offer it. The broker will provide the stock in a similar fashion.
Comment by TimeBuilder on Aug 20, 2019 1:15pm
Hi jjeerryy..Good point...FYI: Before we DRIP any of our holdings  BUT only in RRSP/RRIF&TFSAccounts we "always" check the company web sites to see IF they have a in house program & If they have any DRIP discounting for doing so from treasury. IF not we go with a brokerage DRIP  to avoid any brokerage fees on any new shares. We do not DRIP in our cash accounts as ...more  
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