December 28, 2010
in 2011, Canadian, Canadian economy, Computershare, DRIPs, TSX, distributions, dividends, income, income trusts, news and updates, telcos, telecom
As of January 1, 2011, Bell Aliant Regional Communication Income Fund Unites (TSX: BA.UN) will complete the conversion from an income trust structure to a corporate structure.
Changes to Canadian taxation rules that come into effect on January 1st entail that Canadian income trusts will now be subject to taxation just as if they were corporations. [...]
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October 31, 2010
in 2010, Canadian, DRIPs, November, S&P/TSX, banks, dividends, financial planning, investing, money management, news and updates, passive income, special dates, stocks, wealthbuilding
Canadian bank DRIPs are known for discounts of 2-3% on dividend reinvestment through their DRIP plans, but these discounts do fluctuate.
Starting with the November 2010 common dividend, the Bank of Montreal (TSX: BMO) will no longer provide a DRIP discount from the average market price on common shares purchased under the plan.
BMO has said there will [...]
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March 22, 2010 · 6 comments
in DRIPs, books, cashflow, discipline, dividends, education, financial education, financial fitness, financial planning, investing (general), investment tools, money management, portfolio, purchases, stocks, wealthbuilding
I’ve been an individual stock investor for almost a decade now (starting out very small, while still an undergrad), but it’s taken me some time to revise my methods and learn what’s most important in terms of record keeping. When I first started out, all I cared about was the excitement of the purchase itself [...]
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February 15, 2010 · 5 comments
in CIBC Mellon, Computershare, DRIPs, brokers, dividends, financial education, investing, special dates, stocks, terminology
So you finally want to figure out the exact difference between the ex-dividend date and the record date?
If you’re a dividend investor, you know that stocks which pay dividends set three important dates around the determination, announcement, and distribution of dividends: the payment date, the record date (or date of record) and the ex-dividend [...]
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Today’s online discount brokerage investor may never have had the experience of seeing or touching an old-school stock certificate like the one in my previous post on canceling your DRIPs.
Ownership of stocks today usually falls in the hands of the broker you buy and sell through. When the broker holds the stocks for you, it’s [...]
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February 3, 2010 · 4 comments
in Computershare, DRIPs, dividends, financial planning, income trusts, investing, investment tools, money decisions, money management, passive income, portfolio, stock picks, time in the market, wealth transfer
There was a time when I first learned about DRIPs when I had some idea that I would eventually own some shares in every one, or almost every one. Over the years as I’ve learned more about investing in general, I’ve realized that (1) I don’t need a portfolio that big and (2) not all [...]
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January 23, 2010 · 13 comments
in Canadian, Computershare, DRIPs, S&P/TSX, dividends, financial planning, money decisions, passive income, stock picks, wealthbuilding
Ready to buy your first share in a Canadian DRIP plan? Deciding which Canadian DRIP stock to invest in first?
These are my top picks for Canadian DRIPs today, in early 2010. The DRIP landscape is always changing so it pays to keep one eye open and monitor your investments. That said, DRIPs in general are [...]
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