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rfj1862

09/03/07 9:21 PM

#9 RE: io_io #8

There's a very good reason for the marked decline in all Canroys. In the fall of last year, the Canadian government decided that it was going to start taxing Canroys as regular business entities beginning in 2011.

The prices of Canroys took a major hit at that time, which is kind of stupid because you still get 4 years of excellent dividends, plus if you buy one that's a high yielder now, with a reasonably low payout ratio, it's likely that even with the additional tax burden your dividend won't take much of a hit.