Lightstream for High Yield
Posted: Thu Aug 15, 2013 5:23 pm
CALGARY, ALBERTA--(Marketwired - Aug 15, 2013) - Lightstream Resources Ltd. ("Lightstream") (LTS.TO) is pleased to announce that our dividend for the month of August will be paid on September 16, 2013 to all Lightstream shareholders of record on August 31, 2013. The August dividend will be $0.08 per Lightstream share. The ex-dividend date is August 28, 2013.
Lightstream, which also trades in the U.S. as LSTMF, pays dividends monthly and the current annual yield is close 12.8%.
You can find my forecast model under the Watch List Tab.
It is one of my Top Picks for investors seeking high yield.
Note that your broker will withhold 15% Canadian tax on the dividends, but you get it back as a foreign tax credit when you file your tax return. You can buy it in an IRA, but you won't get the tax credit then.
Lightstream, which also trades in the U.S. as LSTMF, pays dividends monthly and the current annual yield is close 12.8%.
You can find my forecast model under the Watch List Tab.
It is one of my Top Picks for investors seeking high yield.
Note that your broker will withhold 15% Canadian tax on the dividends, but you get it back as a foreign tax credit when you file your tax return. You can buy it in an IRA, but you won't get the tax credit then.