HomeToday in Dividends › Friday, August 7, 2026
Today in Dividends · Edition #67

Friday, August 7, 2026

๐Ÿ“… On This Day

Musk's 'Funding Secured' Tweet Shakes Tesla and the SEC

On August 7, 2018, Elon Musk posted that he was considering taking Tesla private at $420 โ€” adding 'funding secured' โ€” and the market moved violently before regulators moved in. The SEC investigated, and Musk settled by paying a $20 million fine and stepping down as Tesla's chairman. The episode became a landmark case for social-media disclosure, proving that a casual tweet from a CEO carries the same regulatory weight as a formal filing.

A single post reminded the world that market-moving disclosures don't need a press release โ€” just a phone.

TSLA — Tesla CDR (CAD Hedged)
๐Ÿ‡บ๐Ÿ‡ธ US
Source: SEC; The New York Times
๐Ÿ“… On This Day

Musk's 'Funding Secured' Tweet Shakes Tesla and the SEC

On August 7, 2018, Elon Musk posted that he was considering taking Tesla private at $420 โ€” adding 'funding secured' โ€” and the market moved violently before regulators moved in. The SEC investigated, and Musk settled by paying a $20 million fine and stepping down as Tesla's chairman. The episode became a landmark case for social-media disclosure, proving that a casual tweet from a CEO carries the same regulatory weight as a formal filing.

A single post reminded the world that market-moving disclosures don't need a press release โ€” just a phone.

TSLA — Tesla Inc
๐Ÿ‡บ๐Ÿ‡ธ US
Source: SEC; The New York Times
๐Ÿ“… On This Day

Musk's 'Funding Secured' Tweet Shakes Tesla and the SEC

On August 7, 2018, Elon Musk posted that he was considering taking Tesla private at $420 โ€” adding 'funding secured' โ€” and the market moved violently before regulators moved in. The SEC investigated, and Musk settled by paying a $20 million fine and stepping down as Tesla's chairman. The episode became a landmark case for social-media disclosure, proving that a casual tweet from a CEO carries the same regulatory weight as a formal filing.

A single post reminded the world that market-moving disclosures don't need a press release โ€” just a phone.

TSLA — LS 1x Tesla Tracker ETP Securities GBP
๐Ÿ‡บ๐Ÿ‡ธ US
Source: SEC; The New York Times
๐ŸŒ Around the World

Finland's Dividend Scene Blends Ancient Roots and Industrial Muscle

Finland punches well above its size in dividend history, home to Fiskars โ€” founded in 1649, among the oldest companies in the world โ€” alongside forestry giants UPM-Kymmene and Stora Enso, and industrials like Kone and Wรคrtsilรค. Many Finnish companies cluster dividends into annual spring payments, though some have moved to installments. Foreign investors should be aware that Finnish withholding treatment can be complex, varying by investor type, treaty status, and documentation โ€” verified as of 2026.

Treaty paperwork can make a real difference in how much of Finland's spring dividends actually lands in your pocket.

๐Ÿ‡ซ๐Ÿ‡ฎ FI
Source: Nasdaq Helsinki; PwC Tax Summaries
๐Ÿ”ฅ Dividend Streak

Bank of Montreal Has Paid Dividends Since 1829 โ€” With a Catch

Bank of Montreal has paid a dividend every year since 1829, a payment record that stands as a remarkable piece of Canadian financial history. Yet its consecutive-increase streak is only around 24 years, because Canadian banks chose to freeze โ€” rather than cut โ€” dividends during the 2008 crisis and again under a regulator order during COVID. That distinction between paying and raising dividends is the whole story: Canada counts only two true Dividend Kings, Canadian Utilities and Fortis, each just past 50 years of increases.

Freezing instead of cutting saved the streak in spirit โ€” but the record books notice the difference.

BMO — Bank of Montreal
๐Ÿ‡จ๐Ÿ‡ฆ CA
Source: Dividend Power; The Motley Fool Canada
๐Ÿ”ฅ Dividend Streak

Bank of Montreal Has Paid Dividends Since 1829 โ€” With a Catch

Bank of Montreal has paid a dividend every year since 1829, a payment record that stands as a remarkable piece of Canadian financial history. Yet its consecutive-increase streak is only around 24 years, because Canadian banks chose to freeze โ€” rather than cut โ€” dividends during the 2008 crisis and again under a regulator order during COVID. That distinction between paying and raising dividends is the whole story: Canada counts only two true Dividend Kings, Canadian Utilities and Fortis, each just past 50 years of increases.

Freezing instead of cutting saved the streak in spirit โ€” but the record books notice the difference.

BMO — Bank of Montreal
๐Ÿ‡จ๐Ÿ‡ฆ CA
Source: Dividend Power; The Motley Fool Canada
๐Ÿ’ก Did You Know

European Dividend Withholding Spans 0% to 35% Across the Continent

Europe is not one tax regime โ€” it's a patchwork that ranges from 0% withholding in the UK, Malta, and Cyprus all the way to 35% in Switzerland. In between sits a wide spectrum: Greece at 5%, the Netherlands and Luxembourg at 15%, Germany at roughly 26.4%, Denmark around 27%, Austria at 27.5%, and Sweden, Finland, and Belgium at 30%, among others. Treaties can reduce many of these default rates, but whatever arrives first in your account reflects the withholding that hit before any reclaim process begins.

The default rate is what lands in your account first โ€” treaties determine how much work comes after.

Source: PwC Tax Summaries; Tax Foundation Europe
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