Hi all,
So I hold 133 shares in MPLX LP and their recent distribution was $1.28 per share so I was expecting a payment of approx $170
At an exchange rate (give or take) of $1.335/ GBP this would mean a total of £127.
Applying a 15% reduction to this for the US/UK dividend withholding tax I was expecting in the region of £108 but received £79.98
Am I missing something here?
Thanks
Rob