Monday, February 16, 2009

Are Canadians really smarter?

According to here: as of today, 0.085 CAD = 0.0682958 USD . But our dividend in the USA, was .0425 USD. I must be missing something getting something wrong.
Is it me or is it ??? Anybody know what the SG&A is in Canada?
NW Group | XEROX CANADA | Xerox Canada Inc. Declares Dividend on Class B Shares:

"TORONTO, Feb. 12 /CNW/ - Xerox Canada Inc.'s board of directors today declared a quarterly cash dividend on the Non-Voting Exchangeable Class B Shares. The dividend of the Canadian currency equivalent of 8.5 cents (U.S.) per Non-Voting Exchangeable Class B Share will be payable on April 30, 2009 to Xerox Canada Inc. shareholders of record on March 31, 2009. . . ."

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