Just went through the paperwork on the merger. My number of shares increases by 30% and my dividend per share will be $0,03 a month.Any way that I calculate it, the yield drops to less than 2%.
Am I missing something?
Apparently. For a start the dividend is not .03, it is .135 C$ per month.
And the merger took place a year or so ago, so it's taken you a long time to get this far.
PVX holders got a ~30% increase in dividends as a result of the merger.