Post by King-of-Kingson Mar 24, 2025 9:15pm
268 Views
Post# 36507725
Next Payout
Next Payout
March 31 payout: $0.1675
Also note that for those of you who aren't aware, the breakdown for 2024 was as follows:
Eligble Dividend: $0.3939 (19.22%)
Return of Capital: $1.6558
-----------------------------------------
Total Payout/Share $2.0497
So only about 19.22% is treated as Eligible Dividend, the balance must be reduced from your ACB, whicch means whenever you sell your ETF Shares, you will have to declare a realized Capital gain even if the average cost you paid for them have not changs.... So the total return has some immediate taxble diviedends and a defered Capital Gain tax... Not bad if you're investment is in a Non-Registered Account.