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Gold/Mining/Energy : Canadian stocks that pay DIVIDENDS!!!! -- Ignore unavailable to you. Want to Upgrade?

To: DividendGrowth who wrote (126)4/8/2008 11:02:35 PM
From: Wallof Confusion  Respond to of 129
 
Right you are - For units that have been publicly trading before October 2006, in tax year 2011, the income trust and it's investors will be treated more like corporations and shareholders.

Recent new states Trans Force is looking to convert back to a corporation.



To: DividendGrowth who wrote (126)4/12/2008 3:39:31 PM
From: Wallof Confusion  Respond to of 129
 
Further to my last post . . .
From Dow Jones Newswire March 28, 08

TransForce Income Fund (TIF.UN.T, C$7.45, -C$0.34, -4.4%) plans to convert back into a corporation and establish an annual dividend of C$0.40 a share. It said it considered a number of restructuring alternatives.

So - A $0.40 dividend works out to around 5% at present valuation.

Interesting to see the unitholder vote results on May 12.


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