Hi The dividend payment is indeed in Canadian dollars.
I don't have a good way to convert it right now. Gary ----- Original Message ----- From: investor0329 To: [email protected] Sent: Tuesday, May 22, 2007 10:07 PM Subject: [quotes-plus] Gary: ticker PWE is QP dividens in Canadian$ or US $..appears to be Canadian Hello Gary, QP says that the monthly dividends that PWE pays are .34/shr. Yahoo has it closer to .30/shr. It appears that the .34 number MAY BE IN CANADIAN DOLLARS, NOT AMERICIAN DOLLARS! http://finance.yahoo.com/q/hp? s=PWE&a=10&b=15&c=2005&d=04&e=23&f=2007&g=v http://biz.yahoo.com/prnews/070522/to241.html?.v=52 Tuesday May 22, 6:49 pm ET PENN WEST ENERGY TRUST (TSX - PWT.UN; NYSE - PWE) is pleased to confirm cash distributions for May 2007 CALGARY, May 22 /PRNewswire-FirstCall/ - Penn West Energy Trust ("Penn West") confirms that its May 2007 cash distribution will be CDN$0.34 per trust unit payable on June 15, 2007 to unitholders of record on May 31, 2007. The ex-distribution date is May 29, 2007. The CDN$0.34 per unit is equivalent to approximately US$0.31 per unit (before deduction of any applicable Canadian withholding tax), using a current U.S./Canadian exchange ratio of 0.92. Registered unitholders with U.S. addresses will receive their distributions directly from our transfer agent, and will be paid in U.S. currency using the exchange rate in effect on the record date. Non-registered U.S. unitholders will receive their distributions through their brokers. The dividends numbers given in QP should be in alignment with the $price for the stock given. Is this an error?..Is it a common error for all adrs?
