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What’s a div fund?

[ad_1] A dividend fund is a type of mutual fund that invests in companies that pay dividends to provide investors with a regular stream of income. This is an opposite strategy to investing in companies that reinvest profits to maximize share price. Income funds, including dividend funds, are popular in Canada. Professional finance companies manage […]

What’s a div tax credit?

[ad_1] The Canadian dividend tax credit reduces the tax citizens pay on dividends from Canadian companies. Eligible and non-eligible dividends are taxed differently, but the credit generally equals the amount of the dividend. The credit offsets the tax collected on the dividend payment, eliminating double taxation. The effective tax rate on dividends has decreased, increasing […]

What’s a div fund?

[ad_1] A dividend fund is a mutual fund that invests in companies that pay dividends, providing investors with regular income. It is an opposite strategy to capital appreciation funds. Income funds, including dividend funds, are popular in Canada. Professional management comes at a cost, so investors should compare returns and commissions. A dividend fund is […]