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Message: Goldcorp Dividend

For all those who still are holding Goldcorp shares I have found some interesting information about G:TO dividends .

These dividends will be paid in USD and if they are deposited in your Canadian account your Broker will convert them to Canadian dollars and charge a Foreign conversion fee that can be quite high.

To prevent this you can advise your broker to have the dividend journaled to USD side of your account if you have one so it would be depsited in US funds and there would not be a fee.

This is a nice surprise as our dividend just increased 20 % plus to .06 /share.

Now if only the G:TO shares were in USD!!!!!!!!!!!!!!!!!

Wishfull thinking!!!!!!!?????????????

Take Care

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