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Investment Q&A

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Q: Hello,

We hold this U.S name in a registered account as with other U.S names and yet I notice on our statement that only this name gets deducted a "Non Resident Tax Withheld"

1) The Feb 26th dividend was reduced by 37% ! Did I get my calculation wrong? Could it really be 37%?
2) Why only on this name and not others?
3) If the yield has this handicap then shall I just sell and look for something else?

Many thanks
Read Answer Asked by Arzoo on March 12, 2019