Sunova launches eVoting for Board of Directors | Page 2 | Hubert Financial | Discussion forum

kanaka said
So is the common share the 1 that you have to have for an account and what ever more you buy are the surplus ones? I can be sooooo daft!!!

Yatti420 said
Historical dividend payouts: https://www.sunovacu.ca/Home/Download/0?path=~%2FContent%2FFiles%2FShare

The surplus is the dividend you get off your common share(s).

The share(s) that one purchases with cash are the common shares.

Dividends on the common shares are automatically reinvested into surplus shares. Dividends on the surplus shares are automatically reinvested into additional surplus shares.

Their didn’t your parents ever teach you about sharing? page also mentions that the dividends are treated as interest income and not dividend income:

Tax implications

Any dividends paid to you on your common or surplus shares are taxable as interest income in the year they are paid. If your total interest and dividend income is more than $50, we will issue a T5 to be filed with your tax return. You must also report amounts below $50 on your income tax return.