Hi!Newb here. About TFSA with dividend stocks - can i just leave the dividend payments in TFSA allowing the TFSA to grow above and beyond?
I'd like to get some opinions on Canadian monthly paying dividend stocks. One of my goals this year is to grow my income in my non registered account. I've been doing this mostly through buying monthly dividend paying stocks (currently own KEY, AFN and ...
Jan 20th, 2019 2:47 pm
EWU etf. It's a UK etf. Does anyone know if there is the 15% dividend tax on this etf if held inside a tfsa?UK stocks are not supposed to tax dividends. But this is an ishares product on the nyse so I'm not sure. Thanks.
Jan 15th, 2019 5:27 pm
... to Chance7652 for starting the Increase thread for 2019. And why not I'll start up the decrease thread. Crescent Point Energy has decreased their dividend from 3 cents a month to 1 cent a quarter. "The Board has also approved a move to a quarterly cash dividend of CDN $0.01 per share, with ...
Jan 15th, 2019 3:11 pm
I thought it would make sense to start a new thread for 2019 Canadian Dividend Increases. The Board of Directors of Canadian Utilities Limited, an ATCO Company, today declared a first quarter dividend of 42.27 cents per Class A non-voting (TSX:CU) and Class ...
Jan 11th, 2019 7:55 am
So I've decided to invest in TD and BNS. TD's dividend is about 4% while BNS's is almost 5%. I will allocate some to RESP and some to non-registered. My question is: is it better to put the higher yielding stock in RESP or non-reg? I initially thought ...
Jan 9th, 2019 5:04 pm
I have relied on equities and ETFs so far to make some extra money. I am interested in dividend stocks but never mustered courage to buy as stocks seemed all time high. Now that markets are in serious turmoil, I think this could be excellent chance to start the process. ...
Hello,Does anyone in RFD actually hold dividend ETFs such as XEI, ZDV, XDV, CDZ, VDY, etc.I feel it's rarely talked about here.Is it a poor choice to hold these investments?
If I want to maximize my credit to buy properties, is it better to take salary or dividend from my small business? Does it matter or they are both consider income in the eye of a lender?
Sep 8th, 2018 4:07 am
I own two Canadian bank stocks and I plan to keep them for a long time. I have enough free cashflow to purchase 200 shares at any time. Is it wise to purchase 200 shares a few days before ex date, and sell them shortly? This means that I will have a extra 4 to 5 shares per year. This is going to wre...
... please help me with calculation of dividends vs payroll. I live in New Brunswick. Me and my spouse will either take same salary or same dividends- Dividend Scenario Yearly Revenue- $48000 Dividends for Me- 20,000 Dividends for Spouse- 20,000 Salary Scenario Yearly Revenue- $48000 Salary for Me- ...
Sep 5th, 2018 12:50 pm
The title says it all, I got this offer through FB, an alternative for Scotia Bank Visa card. Earn 4% cash back on gas and grocery, 2% on Tim Hortons and Telus, 1% on other.. https://www.cibc.com/en/special-offers/cash-back-cards.html Fine print: The cash back is accumulated each month, beginning wi...
Aug 13th, 2018 7:48 am
... I make around $80,000 per year All tax rates come from E&Y Personal Tax Calculator The stock I'm targeting yields 5% per year. The dividend is eligible under CRA rules. Ignore any capital gain or loss. I have about 10k available for investment and can leverage up another 10k. My ...
I am incorporated and I have some money in my CDA that I'd like to withdraw. My accountant says it will cost $1000 in lawyer fees to do so. Is it really so expensive and complicated to do this?
Jun 27th, 2018 6:33 am
A number of us hold stocks in companies outside of Canada, and this thread is for any foreign (not Canadian) company dividend increases ...
May 17th, 2018 9:59 am
... worthwhile for me to get an accountant. I downloaded a T2 software and indeed not much to do. I decided it's definitely better to pay myself in dividend than salary. It is my first and last year of incorporation, as I got perm this year. I heard I need to do T5. and I think I need to do a couple ...
May 2nd, 2018 10:32 pm
Does anyone know whether there's dividend tax implications by holding VFV.to (S&P500 in CAD) in a TFSA? Is there some dividend tax credit you wouldn't be able to claim by holding VFV.to given that the stocks themselves originally pay ...
Apr 30th, 2018 11:55 am
During the great recession, many companies reduced their dividend rates. Currently, VCN has a dividend yield of 2.59% according to https://www.vanguardcanada.ca/advisors/adv/en/product.html#/fundDetail/etf/portId=9561/assetCode=equity/?overview Is there ...
... and is there such a list, comparable to the Canadian Dividend All-Star List ?
Mar 10th, 2018 1:44 pm
... that line? To explain - let's say for simplicity I have a margin investment account that has $1m in stocks, fully invested. I buy $100,000 of an a dividend-paying stock on margin, so I'm eligible to deduct the margin interest on Line 221. Let's say interest rate is 1%/month, At the end of month ...
Feb 28th, 2018 11:46 am