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Old 28.01.2015, 19:43
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Stock in USD and dividends in CAD?

I have shares of a canadian company listed on NYSE. I manage these shares through Postfinance with USD as main currency.
I was surprised to receive the dividends in CAD on a CAD post finance account. Is that normal?
The good thing is that there is only 15% tax instead of 30% for US companies. But I would like to have everything incl. dividends in USD. Is that possible?
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Old 28.01.2015, 20:11
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Re: Stock in USD and dividends in CAD?

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I have shares of a canadian company listed on NYSE. I manage these shares through Postfinance with USD as main currency.
I was surprised to receive the dividends in CAD on a CAD post finance account. Is that normal?
The good thing is that there is only 15% tax instead of 30% for US companies. But I would like to have everything incl. dividends in USD. Is that possible?
Ask PF , US companies only have 15% dividends withheld if you are a non US person, however if it's held in CH then there is an additional 15% withheld. Best to hold in a Schwab or TD Ameritrade account, much cheaper transaction costs for buying or selling.
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