TSCO.L - Tesco Plc

[bengrahamofthenorth]

Thanks for the tip on management's game!

I'm intrigued by tesco as well, (earnings yield, buffett's investments).

Does anyone know how the dividends (withholdings tax by the UK/US or Canada) work when buying a UK sponsored ADR for a Canadian tax protected account. (RRSP/LIRA)?

Cheers

[CanadianMunger]

AFAIK you cannot hold Pink Sheets investments in a RRSP.  I do believe the LSE is an approved exchange, however you would need to find a broker that allows you to buy UK stocks directly in your RRSP (I'm not sure if there are any). 

I hold all my Tesco shared in non-registered USD account.

[beerbaron]

Anybody know what's the tax treatment in Canada on dividends paid by UK listed companies? How about the capital gains?


BeerBaron

[racemize]

Anybody know what's the tax treatment in Canada on dividends paid by UK listed companies? How about the capital gains?


BeerBaron

I have the same question for in the US (foreign/ADR/pink sheets).

[oddballstocks]

Tax for US residents, it depends on the ADR sponsorship level, full sponsorship an it's qualified. Not full and taxed as ordinary income.

[philassor]

Now 5.1 % (that should be about 2 billion usd)

http://www.bloomberg.com/news/2012-01-19/buffett-s-berkshire-hathaway-increases-tesco-stake-to-5-08-.html

[WarrenWatsa]

Missed earnings recently, but, should be able to recover lost growth over the next few years, IMHO. Growing well outside UK, but, should lose some market share over coming years inside UK.

Real estate value is compelling alone, never mind earnings and equity, in fact. But, at current future multiple, firm is still a nice play earnings-wise, IMHO. Third largest global retailer.

ADR is at $14.95. Pays 4-5% dividend. Cannot be held inside RRSP (or TFSA?).

It's now back around or possibly even slightly lower than what Buffett paid when he increased his stake last month.

[twacowfca]

What's the reference for the filing showing That Buffett increased his ownership?

[xxx1313]

Tesco is the source, according to Bloomberg:
http://www.bloomberg.com/news/2012-01-19/buffett-s-berkshire-hathaway-increases-tesco-stake-to-5-08-.html

[PlanMaestro]

Tesco’s Phil Clarke is no Lemony Snicket
http://www.ft.com/intl/cms/s/0/a0346be4-8abd-11e1-912d-00144feab49a.html#axzz1sXVKYMjf

But the gloom over Tesco’s performance since Sir Terry left is exaggerated. True, the share price has fallen by a fifth since he quit the building – and it rose on average 9.3 per cent a year during his tenure. But the numbers simply do not support the idea that the supermarket chain is in serious trouble. Tesco’s pre-tax profit last year rose more than 5 per cent and its operating margin went up as well. Its revenues increased by more than 7 per cent.

Most importantly, perhaps, for investors, despite recent travails, Tesco’s dividend also went up. The dividend yield on its shares is a tasty 5.1 per cent – whilst the FTSE 100 is only yielding 3.6 per cent.

Tesco will fund most of its turnround plan from the cash it generates – more than £4bn last year. Investors should give Mr Clarke’s luck a chance to turn.