Distribution Note: No Return of Capital

MBN has never made a distribution that included a return of capital. Therefore, the ACB is equal to the original cost of purchase. However, Globalance Dividend Growers Corp. which merged into MBN in 2018 on a tax deferred basis did make distributions that included a return of capital. Should you proceed with this calculation, you will generate a report that will provide the capital gain or loss relating to the sale, along with a complete history of distributions, as well as splits and any mergers during the holding period.