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ivamae_gw

Question re Calculating Adjusted Cost Base in Canada

ivamae
15 years ago

I have a few dividend stocks and am new to this.

I have arranged for the dividends to be re-invested.

This brokerage only re-invests full shares - rest of the dividend is added to cash.

When calculating the adjusted cost base, do I add in the whole dividend or just the portion that buys complete extra shares.

The remainder is added into my cash account with the broker.

Thanks

ivamae

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