Drop from $6.80 to $6.06 = 18.5 months of dividends ~
Actually, MORE than 18.5 months since the Canadian dividend of $0.04 is converted into US dollars.
The last dividend paid was worth $0.0360 US ...
Using $0.0360, it will actually take 20.5 months of dividends to recover the drop ~
Rule #1, safeguard capital.
Actually that's not quiet correct. It will take roughly 27.4 months after you pay the 25% Canadian tax and the and then converted to dollars, and these pumpers are calling that a great divvy will waiting. LOL! The real divvy to U.S. holders is only about 0.027 cents.
You are WRONG, but what else is new? The tax for U.S. shareholders is 15%, NOT 25% as you INCORRECTLY stated, and Canadian taxes are only withheld for shares held in taxable accounts. Also, most if not all of the withholding can be recovered via the holder's Federal tax return and an accompanying Form 1116. On those facts, I am "quiet" correct.......quite......