Chemtrade Logistics is one of Canada’s top dividend stocks, even if few investors are aware of it. With a $1 billion market cap, the company is simply too small for most analysts. Dividend Disbursement & Reinvestment Services Overview As a preferred dividend disbursement and dividend reinvestment plan (DRIP) provider for many issuers, AST works closely with companies to create direct stock purchase plans and dividend reinvestment strategies that meet their unique needs. Investors who hold Canadian dividend paying stocks get to offset the taxes already paid by the company in non-registered accounts. CRA basically subsidizes dividend investors for the tax the corporation already paid on dividends. This is performed by a “gross-up” of eligible and non-eligible dividends. Manulife Financial Corporation’s global stock transfer and dividend disbursing agent is AST Trust Company (Canada) (“AST”). AST and its global affiliates provide services directly to our Registered and Ownership Statement holders in Canada, the United States, Hong Kong and the Philippines. The Dividend Reinvestment Plan (DRIP) allows you to automatically reinvest the cash dividends 1 you earn from your equity investments. RBC Direct Investing purchases shares 2 in the same companies on your behalf on the dividend payment date. No fees or commissions apply. A stock dividend is a dividend paid by the issuance of shares of the capital stock of the payer corporation. For stock dividends paid by Canadian resident corporations, the "amount" of a stock dividend is generally equal to the increase in the paid-up capital of the corporation by virtue of the payment of the dividend. List of Canadian DRIP Stocks
Some companies do not pay dividends to their shareholders in the form of cash, but rather in the form of additional company shares. Stock dividends are generally not taxable until the stock is sold. This exemption is forfeited if the company allows the investor to choose between stock or cash dividends,
Pembina pays cash dividends on its common shares in Canadian dollars on a until further notice, its Premium Dividend™ and Dividend Reinvestment Plan The Dividend Reinvestment Plan (DRIP) allows you to reinvest your cash reinvested for you to purchase additional shares or units of that stock or ETF. What Registered Plans does TD Direct Investing offer? When will I receive the Dividend Reinvestment Plan (DRIP) shares? Reinvest dividends automatically for Elimination of the Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program All of the tax items noted under “Cash Dividends” also apply to Canadian On March 5, 2012, the Board of Directors approved a Dividend Reinvestment Plan Canadian open market including through the facilities of the Toronto Stock
completing the Reinvestment Enrolment Form (“Enrolment Form”) and returning it to Canadian. Stock Transfer Company Inc., acting as administrative agent for
Top 10 Canadian Dividend Stocks. Here are the top 10 Canadian dividend stocks for this month, see below for the details. This is obviously a snapshot in time at the time of writing, many factors could change the rankings.