Monday, December 2, 2024

Dividend Income

Most dividends received from companies located outside of Canada are not paid in full to stockholders. Most countries have a withholding tax on dividends though in some cases the tax can be partially reimbursed if there is a trx treaty between Canada and that country. But there are a few countries that do not have a withholding tax. This list includes prominent companies in each country.

  • Brazil (Petrobras, Vale, Itau, Unibanco and B3)
  • Hong Kong
  • Singapore
  • Hungary
  • Estonia
  • Latvia
  • United Arab Emirates
  • Qatar
  • Malaysia
  • United Kingdom (Shell, British American Tobacco, BP, HSBC, Barclays, Rio Tinto, Imperial Brands, AstraZeneca, Anglo American, Unilever and GlaxoSmithKline)
  • Vietnam

Eric Nuttall

Investment manager for Nine Point Partners, Eric has in-depth knowledge of the oil and gas business. His April 16, 2025 appearance on BNN Bl...