Q: The way I see it the upcoming "dividend" will be in effect a 5 for 4 split of existing units and I would expect markets to adjust SP's to account for this, correct?
Also TD has no conversions of US$ dividends if held in a US$ account unlike RBC. I expect to receive the entire $2.06 US per unit in my US account this year. The only time conversion would happen is if units are held in a $C account.
Also TD has no conversions of US$ dividends if held in a US$ account unlike RBC. I expect to receive the entire $2.06 US per unit in my US account this year. The only time conversion would happen is if units are held in a $C account.