Post by
Gary2010 on Jan 12, 2022 4:48pm
Dividend
Weird question but why wouldn't people load up this week and Feb 1 once divy is paid dump it all, are people worried about large decrease in share price come the 1st?
Comment by
nozzpack on Jan 12, 2022 7:02pm
Well, I keep buying because I see very good value ex the $15 cad dividend . Right now, it's saying the remaining two assets are worth just $11.50 or so a share. That is way off the true value. Volume is still strong as many holders outside Canada are dumping due to dividend treatment . Just tommorow and Friday to qualify..
Comment by
Gary2010 on Jan 12, 2022 8:15pm
Why would people dump before the divy is paid? Is it a tax thing or something else?
Comment by
McRambus on Jan 12, 2022 9:06pm
Foreign stock holders most likely get dinged with a withholdinh tax on divdends from a companu out of their country, like Canadians get with holding tax treatment on US dividends.
Comment by
McRambus on Jan 12, 2022 9:04pm
This is misinformation. The stock will trade with due bill rights. You have until February 1 to get the dividend.