Post by
mouserman on Jan 24, 2022 9:11pm
FFN UNIT NAV to Jan 24 = APPROX: $16.65
SO that values the commons at about $6.65 before distributions, and despite being dumped because of the offering, FFN still trading at a healthy premium to NAV. Dividend pigs obviously chasing yield. After distributions FFN commons would have a value of $6.48... and that will begin to show up on ex dividend date....
Comment by
Toppicks1 on Jan 24, 2022 9:40pm
I'm one of those pigs have owned 60000 shares for years. Don't know of any better divi returns any where. If your all about capital appreciation go els where. I get 6801 per month.
Comment by
navgod on Jan 25, 2022 2:36pm
How much of that is return of capital? These so called dividends have no relationship to earnings or cashflow - they are for the most part repayments of your capital.
Comment by
JohnWalker on Jan 25, 2022 11:52pm
I have tax receipts from trading FFN last year. FFN's distributions were 100% elegible dividends and NOT return of capital. Of course this year may be different, we'll have to wait and see. Not sure about return of capital inside a TFSA account but it seems to me that would be less of a concern or consideration. 2¢
Comment by
anubis44 on Jan 26, 2022 11:11am
The TFSA is a tax-free zone. You can make dividends and capital gains in your TFSA, and it has no tax implications. But you also don't get any write offs if you lose money in there, either. It doesn't matter how the money is made: capital gains, dividends, return of capital, etc. It's all tax free, and not deductible, either.
Comment by
Kadiddelhopper on Jan 31, 2022 7:49pm
Perhaps s/b looked at as ROC in your internal accounting for self, but the Tax filing is as Eligible Dividends, which carries a nice advantage come reporting time.