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If I invest $1,000 in a CANROY called Harvest Energy, how much would my monthly dividends be?? I'm using whole numbers here to make it easier. Also factor in todays gas prices and also factor in that as of August 27, 2008, Harvest Energy Trust's is the following: P/E Ratio 0.00 Indicated Annual Dividend 3.60 Beta Coefficient 0.99 Earnings per Share -1.85 Yield (%) 17.87 Market Cap (billion) 3.09 B Shares Outstanding 153,276,000

By: Guest
Date: Unknown--
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Answer 1

Alright...just taking about $ 970. you could afford 48 shares...so you would recieve $ 14.40 in divs each month ...now that doesn't sound like much, but in a year that would be...$ 172.80.... and THAT is a 17.8 % return on your money. ...and there is the chance that your share price would go up in that time also ( you ARE talking about " energy"...from a " neighbor/ally" )

You would also have the choice of re-investing your accumulated dividends along the way.... so you could be getting closer to 16, 18, or 20 dollars per month by the end of the twelve month period.

The " key" in that situation is to watch and watch for a dip in price during the month...and buy your shares as low as possible. ( Usually dips right after the div- date.... but turns around and inches back UP )

P.S. Even if you deduct the 15% Cndn tax....you still end up with a return over 15.3% ....what's that ? about 5 times what the bank pays?

Answer 2

If you own it before 8/20 you would get $0.30/share Canadian converted to US$ at the time, times 0.85 (15% Canadian withholding) 9/15, 10/15, and 11/15. In a taxable account you would get foreign tax credit for the 15% withholding which will offset any US tax due (monthly distribution is considered a "qualified" dividend at long term gain rate). In an IRA you cannot recover the Canadian withholding.

[d] By: Guest
Date: Unknown---
Response
What is 1 + 100



Helpfulbox Now Offers Free POS Software

for restaurants, kiosk, and any other retails business completely free. It can be used as windows cashier system or as full blown POS. You will able to print to kitchen, display orders on the kitchen screen, manage inventory, employee, report, customer loyalty offers, employee management, delivery address track and much more, all for free.

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