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rickevan

rickevan
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  • Should You Prescribe Walgreen For Your Dividend Portfolio? [View article]
    Like you, I am sitting with a double in 18 months. While I agree that WAG may be a little expensive, If I calculate the tax due on the sale it would be 30% ofbthe gain. Therefore, if I sell at 60 and cost 30 my tax of 9 is like a 15% correction. Just my way of looking at it.
    May 12 06:47 AM | 1 Like Like |Link to Comment
  • The Best Dividend Growers, Part 5: Philip Morris [View article]
    Your initial chart on revenue growth seems to be a little misleading. The apparent 65% decline for MO is probable due to the KFT and PM spin-offs. I think you should have adjusted for this and shown the revenue growth, or decline, of the current MO business.
    May 11 05:48 AM | 9 Likes Like |Link to Comment
  • Rebuttal: Kinder Morgan Vs. AMLP, An MLP ETF [View article]
    The 4% is the deferred tax due if/ when the individual holding are sold. It is the ordinary income recapture. The fees are 85 basis points. Also, I've noticed that the conversation around the holdings of MLP's im retirement accounts centers around the annual UBTI issue, I understand the real issue to be the ordinary income generated if the position is sold. In a taxable account you have recapture, I am not aware of a waiver for sales in retirement accounts, granted loss carryforwards will be triggered.
    Apr 25 06:14 AM | Likes Like |Link to Comment
  • Consider Aflac If You Like Buybacks, Long Dividend Streaks And Cheap Valuations [View article]
    I believe that AFSD is a sub debenture, therefore, payments received are fully taxed as interest income not qualified dividend income. If I am misinformed, please advise.
    Apr 24 03:18 PM | Likes Like |Link to Comment
  • Freeport-McMoRan Is Attractive [View article]
    Good article. I hope the shares move forward as you suggest. Very long FCX. I wonder how the company would have performed had the Indonesian stalemate not occured.
    Apr 24 02:54 PM | 1 Like Like |Link to Comment
  • 2 High-Yield Plays On My Radar [View article]
    Hi Bret. Good article on April 11 I sold BX June and Sept 30 puts. Have 50% gain in the June puts already. If you have a stock identified and a price you will pay than sell the puts. You get the stock or the cash. Clearly a win win.
    Apr 22 06:34 AM | Likes Like |Link to Comment
  • Philip Morris: Intrinsic Value Of $106 Per Share And 27% Upside Potential (Plus A 4.5% Yield) [View article]
    Your article is good, however, PM really should be compared to international tobacco companies. Comparing PM to the big 3 U.S. Based companies are pretty much meaningless. They are based here only. Their sales are 100% outside the U.S.. In just the 1st qtr, the company took a .16 per share hit due to FX, an almost 12% eps hit ! The comparison companies do not have that issue at all.
    Apr 21 02:53 PM | 1 Like Like |Link to Comment
  • Realty Income: Who Cares What Morgan Stanley Thinks? I'll Buy More On Pullbacks Anyway... [View article]
    Very good article. I am also long both O and ARCP. I have done even better selling naked puts on the Reit's I don't mind owning if put to me.
    Apr 21 01:35 PM | 1 Like Like |Link to Comment
  • Special Situation - Low-Risk 99% Annualized Return In 3 Weeks With American Realty Healthcare [View article]
    Don't forget any gain taxes in addition to commissions !
    Apr 17 03:58 PM | Likes Like |Link to Comment
  • Kinder Morgan Energy Partners: Do Not, Ever, Underestimate The Distribution Yield [View article]
    Good article. While the cash distribution is received, what % is really share of profit vs return of capital. If total return is dividend plus cap gain isn't it a little misleading to include ROC as part of the total return ?
    Apr 15 07:36 AM | 1 Like Like |Link to Comment
  • Oh, Ho, Ho, It's New York REIT, You Know [View article]
    Hi Brad. How does ARCP benefit from this IPO as well as HCT, if at all ?
    Apr 15 07:12 AM | Likes Like |Link to Comment
  • Warren Buffett, Berkshire Hathaway, And Dividend Growth Investing [View article]
    Good comment, however, I believe that the cash flow from the dividends are important. Being a taxable corp, I vaguely recall an 85% dividend received deduction, therefore only 15% of the dividends received are taxable !

    Apr 15 07:02 AM | Likes Like |Link to Comment
  • Philip Morris: Be Cautious And Step Back [View article]
    I totally agree with this comment. The articles by this author are excellent, however, a comparison to U.S. based companies are really irrelevant comparisons. I think the fact that PM is based here and was a MO spinoff naturally leads the discussion towards the big 3 in the U.S.
    Apr 9 07:04 AM | 3 Likes Like |Link to Comment
  • Retirement Strategy: The Active Manager Takes Action, While The Passive Manager Remains Passive [View article]
    Good article. Mo a great choice for any dividend income portfolio. Also, their investment in SABMiller pays out a substantial income to Mo and is worth substantially more than the total outstanding debt of the Company. Long Mo and Pm.
    Apr 6 06:48 AM | 3 Likes Like |Link to Comment
  • Markel: A Compounding Machine At A Cheap Price [View article]
    I read your article since I've heard of this company, however, I never pursued it. Your article is one of the best I have read on SA, it was thorough, factual and very well written making it an easy read.
    Apr 5 06:36 AM | 5 Likes Like |Link to Comment
COMMENTS STATS
878 Comments
1,063 Likes