Based on the page below, Vanguard FTSE Canada All Cap Index ETF (VCN) paid dividends of $0.202685 per share on January 8, 2018. It also paid capital gains of $0.118423 per share on the same date.
I am only seeing the first dividend in my account. I thought I would see $0.202685 + $0.118423 per share in dividend income. Why would capital gains be found under distributions if they are not being paid out that way?
https://www.vanguardcanada.ca/advisors/ ... ty/?prices
Distributions question
- InvestorNewb
- Contributor
- Posts: 433
- Joined: 08 Oct 2012 12:28
Distributions question
My Portfolio: VTI [US], VXUS [Int'l], VNQ [REIT], VCN [Canada] (largest to smallest)
Re: Distributions question
It's right there in the URL you linked to:
Cash distribution per unit = $0.00000
Reinvested distribution per unit = $0.118423
2017 ETF re-invested distributions -- about re-invested (non-cash, "phantom") distributions, typically capital gains, for ETFs this year.
Cash distribution per unit = $0.00000
Reinvested distribution per unit = $0.118423
2017 ETF re-invested distributions -- about re-invested (non-cash, "phantom") distributions, typically capital gains, for ETFs this year.
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
-
- Veteran Contributor
- Posts: 3956
- Joined: 10 Sep 2012 17:26
- Location: QC
Re: Distributions question
It's also known as a phantom distribution. It's advantageous to take it into account when calculating the adjusted cost basis (ACB) in a taxable account.
Variable Percentage Withdrawal (finiki.org/wiki/VPW) | One-Fund Portfolio (VBAL in all accounts)