Do any of these stocks offer a discount if you DRIP them? The stocks I like (and own) are:
BNS, CWT.UN, COS.UN, ENB, FTS, MFC, REI.UN, TD, TRP.
BNS, CWT.UN, COS.UN, ENB, FTS, MFC, REI.UN, TD, TRP.
RioCan offers a discount. I also believe that YLO.UN discounts DRIP'pers'Do any of these stocks offer a discount if you DRIP them? The stocks I like (and own) are:
BNS, CWT.UN, COS.UN, ENB, FTS, MFC, REI.UN, TD, TRP.
yes.If a company offers a DRIP (such as Riocan), and you can purchase shares directly from the company (commission free).
yes, but not at the same time as above.is there a way you can hold it in a TFSA to avoid the taxes on the dividend distribution?
How so?yes, but not at the same time as above.
My criteria for purchasing trust units with the HIGHEST distribution is not going to by my ONLY factor. I will do the appropriate research as well, but I was curious as to why holding all the high distribution trusts in a TFSA would be disadvantageous?? The distributions regardless of what type will be tax-free.I think Chigu's criteria for buy stocks (highest distribution) is absolutely nuts, but he did now ask re that.
Can you please explain why you wish to initiate your position at this time instead of waiting until 2011, esp. non REIT positions?I am looking to exclusively invest my DRIPs in trusts (oil, gas, real estate etc), as they seem to provide about 8-10% dividend based on current dividends paid and the current market price/unit.