Post by
billythekidd on Jul 25, 2012 5:38pm
Buying More Mart shares !
It would be nice if the share price stays at its current value or lower until August 8th...If i am figuring right i will have .85 cents of every dollar made from the dividend payment to invest.. Mart is a Canadian Corporation so it will qualify as a Eligible Dividend for a Canada resident...this will result in the net tax on dividend money being about 15 % which will leave 85 % to buy More shares....plus the new shares will qualify for the September Dividend resulting in a 5 cent discount to the market..Cheers Billy........ P.S. I just realized i could buy the shares on August 3rd with 3 business days to settle it would be August 8th the same day as Dividend Payment...TOTALLY AWESOME DUDE !
Comment by
Sugoioi on Jul 25, 2012 7:27pm
back in day, when I was walking up hill to school both ways, I remember when 85 cents could get me anywhere from 2 to 5 shares of delishish Mart! Now it's little more than half a share! Byyyyy crimony I tells ya!! A buck don't go as far as it used to and I STILL buy dang shares byyy crimony!!
Comment by
certified8 on Jul 25, 2012 10:37pm
Pretty funny Nice to see you did well like many others ! I was a late comer first buy a .22 Average and .40 and I got lots of shares I attended the AGM - lots of happy people, and thanks to Wade I might buy more with the divi $