Toronto Stock Exchange · Financial Services
Invest in Infrastructure Dividend Split stock from India
Indian and foreign residents can buy Infrastructure Dividend Split (IS) shares directly through Paasa.
By Paasa · Updated
Infrastructure Dividend Split at a glance
- Price
- CA$17.83+CA$0.15 (0.85%)
- Market cap
- CA$87.35M
- Day range
- CA$17.83 – CA$18.00
- P/E
- —
- Dividend yield
- —
- Volume
- 2.50K
- 1 month
- -7.09%
- 6 months
- -2.35%
- YTD
- +12.14%
- 1 year
- +11.09%
- 5 years
- —
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Virtus Diversified Income & Convertible Fund | ACV | $24.41 | $253.77M |
| Global Dividend Growth Split | GDV.TO | CA$11.19 | CA$205.05M |
| Barings Participation Investors | MPV | $15.53 | $167.31M |
| Brompton Lifeco Split | LCS.TO | CA$12.20 | CA$89.36M |
| Great Elm Capital | GECC | $5.25 | $60.54M |
| Power & Infrastructure Split | PWI.TO | CA$10.59 | CA$34.46M |
| Income Financial Trust | INC-UN.TO | CA$9.82 | CA$31.27M |
| Canadian Large Cap Leaders Split | NPS.TO | CA$12.60 | CA$23.70M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Infrastructure Dividend Split from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search IS and buy
Find Infrastructure Dividend Split by name or by its ticker, IS, and place your order.
Why invest in Infrastructure Dividend Split from India
What Infrastructure Dividend Split does
The corporate headquarters of Infrastructure Dividend Split Corp. are located in Toronto, Ontario, Canada. Infrastructure Dividend Split operates in the Asset Management industry within the Financial Services sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Infrastructure Dividend Split stock from India?
Yes. Indian residents and NRIs can buy Infrastructure Dividend Split (IS) shares directly through Paasa. Infrastructure Dividend Split is listed on the Toronto Stock Exchange, in the Asset Management industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Infrastructure Dividend Split shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.