Westpac Banking Corporation’s ADR facility has been terminated by the depository BNY Mellon. ADR holders should automatically receive the cash proceeds($14.48 per ADR) in their accounts according to a notice posted by BNY Mellon. Full details are shown below: Click to enlarge Source: BNY Mellon Earlier: Westpac Voluntarily Delisted ADRs From NYSE Disclosure: Long WEBNF
Taxes on dividends paid out to shareholders of a corporation is an important source of revenue for countries. Similar to taxes on personal income, capital gains, etc. the tax rate on dividend varies between countries. The following chart shows “the top personal dividend tax rate, taking account of all imputations, credits, or offsets” for European …
One of the strategies that goes with diversification and patience is periodic investing. To put it another way, regular contributions into equity accounts and buying stocks can earn excellent returns over the long-term as measured in years. This is because with regular investing, an investor is able to pick up stocks on the cheap when …
Continue reading ‘Why Periodic Buying of Stocks is Smart to Built Wealth: An Australian Example’ »
Diversification and patience are two of the free and simple strategies for success with equity investing. Patience requires not only holding stocks when the market is soaring but also the ability to withstand during dramatic and painful declines. Diversification on the other hand is easier to follow and implement with one’s portfolio. It is always …
Continue reading ‘The Power of Diversification Illustrated With Australian Equities: Chart’ »
I have written many times before that time in the market is more important than timing the market, if that is even possible. It is worth repeating this concept especially during volatile market times as more investors tend to think about bailing out of the market. The problem with this idea is while it is …
Continue reading ‘Why Time in the Market is More Important Than Timing the Market’ »