BRK IN MKE Posted January 20, 2013 Posted January 20, 2013 This might be a fairly naive question, but does Fairfax (FRFHF) receive a dividend? I looked at the chart on Google finance and Yahoo finance and it doesn't show any dividend payment. Also the original press release only mentions (TSX:FFH)(TSX:FFH.U).
augustabound Posted January 20, 2013 Posted January 20, 2013 Google finance shows the $10 dividend for me. Current yield 2.77. https://www.google.ca/finance?q=PINK%3AFRFHF&hl=en&ei=eDj8UPDdGo2DrQHgGQ
shalab Posted January 20, 2013 Posted January 20, 2013 You will get dividends. In your taxable account, they will withhold canadian taxes before it is distributed to you. In your tax-free accounts, there won't be any withholding.
Kiltacular Posted January 21, 2013 Posted January 21, 2013 Speaking of receiving dividend withholding for owners of Canadian stocks based in the U.S., does anyone have details on this document? I received a link from Schwab which discussed that I should fill out this form if I owned or planned on owning Canadian dividend payers. Has there been a change in the tax treaty between Canada and the United States? TIA for anyone who has info. http://www.cra-arc.gc.ca/E/pbg/tf/nr301/nr301-10e.pdf
eggbriar Posted January 21, 2013 Posted January 21, 2013 Hi Kiltacular, It is my understanding that the change will affect trusts, not individuals. The withholding rate will be 25% vs the old 15% unless this form NR301 is filled out prior to the 1st of the year. I had to fill one out for a family trust. I am not sure how it affects non flow through trusts or corporations.
Kiltacular Posted January 22, 2013 Posted January 22, 2013 Hello eggbriar, Thank you for the detail! That is helpful.
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