It's down 5% today. It makes me wonder when stocks have these wild gyrations over a short period if someone is tampering with the stock Bud Fox/Lawrence Wildman style. Maybe I've watched too many movies.Hi, Does anyone know what happened to Inter Pipeline today? It bumped up 5% today but I didn't see any news.
My TFSA is happy though
It's also possible that a large institutional buyer paid a premium to buy that many shares. On google finance I can see buys of:Maybe it was just a momentary blip, or the last trade of the day or something
Unless Im wrong, distributions in 2011 and thereafter will be mostly dividends.I own some of this outside my rrsp/tfsa unfortunately so of course most of the distributions are considered income at the highest rates. My question is what happens if I decide to DRIP this? Do the distributions then become non taxable and taxed at a later date (via owning more shares down the road)? Or would they show up on a T5013 same as they do now?
On google finance IPL's earnings are $0.91. Their monthly dividend payment of $0.08/share equals $0.96/year. Quick math would indicate IPL is paying $0.05/share more in dividends than they earn annually.Ethan posted on another thread that he was concerned about the dividend payout ratio being too high... does anyone know what it is? Does anyone else have a concern with their balance sheet?