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iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV)
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Hamilton Enhanced U.S. Covered Call ETF (HYLD)
Q: Good morning team, I知 contributing to a non registered account for the first time as I知 maxed out in my tfsa and rrsp. My goal is to invest in dividend paying etfs and select dividend stocks while trying to take advantage of the dividend tax credit. I知 looking for yields north of 4%. XDIV looks good to me so far. How would HDIV and HYLD be taxed? Thoughts and suggestions? Thanks
5i Research Answer:
These ETFs will see variable tax implications depending on the year. It will be a combination of...