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harnettdj

harnettdj
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  • BCE's Solid Credentials Reaffirmed With Improvements In All Key Indicators [View article]
    Also Remember the dividend to US holders is paid in Canadian $ converted to US $ so the US$ Dividend this year has slipped in % due to the loss of Canadian $ to US $.
    Perhaps temporary? I hope so I like the company.
    Dave
    Aug 30 07:44 AM | 1 Like Like |Link to Comment
  • How Do You Hold Cash When Realty Income Or AT&T Are Available? [View article]
    Labrat right.... on O gives "Ordinary Dividends" which add to your Income tax top line and increases your tax load
    dave
    Aug 13 09:33 AM | Likes Like |Link to Comment
  • Kinder Morgan Energy Partners In The Bargain Bin, Again [View article]
    Well thought Out Done, Well Written
    Long KMR since last year, And also frequently adding at the dips TOO!
    I own KMR in my Cash account ( I only have a cash account) but it works great in Tax sheltered accounts (IRA 401Ks) as getting shares instead of $ you avoid any tax limits imposed of MLPs in sheltered accounts!

    DAVe
    Aug 5 06:53 AM | 2 Likes Like |Link to Comment
  • Why I Love KMR More Than KMP For High Dividend Income [View article]
    KMR is the best choice in a taxable account .. you can take your KMR DIVIDEND shares keep them for a year ..then cash them for Long Term Capital Gains.
    Or if you have held the your "major part" KMR shares, that are earning your DIVIDEND shares, for over a year just sell some of those long term "Major Part"and keep the DIVIDEND ones on the back burner for a yr.

    That's MY plan

    dave
    Jul 30 01:58 PM | 1 Like Like |Link to Comment
  • Why I Love KMR More Than KMP For High Dividend Income [View article]
    Thanks for writing the article I have long been singing KMR praises
    ..
    YOu can add : EEQ the sister of mlp EEP to your list
    EEQ also gives it's "dividends' in shares of EEQ!!
    I am long both KMR and EEQ. and saving a bundle on my taxes too in my cash account ( I don't have a tax sheltered acct..)

    DAVE
    Jul 26 04:41 PM | 2 Likes Like |Link to Comment
  • The 3% Yield Club: 25 Non-REIT, Non-MLP Dividend Stocks Yielding Over 3% (Part 3) [View article]
    As I already already alluded to in another comment........ KMR and EEQ not mlp's but pay dividends of the same value but in stock shares .

    KMR is the twin brother of MLP's KMP. ?The same thing holds true for EEQ,its twin of EEP. KMR and EEQ are NOT a MLPs but in essence pay the same qualified dividend but without the tax problems of KMP. Their dividends are are stock dividends ie. you get SHARES of KMR and EEQ as a dividend BUT NOT cash. (NO MLP tax complications) Since it's not an MLP you can sell the "dividend" shares in 1 year as a Long Term Capital Gain in a regular cash account !!! For me it's an no "brainier"!! I'm getting 7% dividends w/o the MLP problems of taxes.
    You can even put it in your IRA or 401k and go over any dollar MLP limit because your dividend is NOT coming from a MLP'. You can even sell the "dividend shares" dividend right away for cash!!

    You ALSO can own both KMR and EEQ in a IRA's or 401's too!! Plus you can sell your "dividend share for cash immediately after getting them w/o penalty' adn no limits on amount of dividends/yr.

    I own both KMR and EEQ in my cash account. I have no tax sheltered accounts. I can wait for 1yr to sell my dividend shares as long term capital gains!!!

    dave
    Jul 20 12:23 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan: Is It Safe To Run With This Bull? [View article]
    That explains it for me .. I have no sheltered accounts, so I have to keep to the Long Term Capital Gains and Qualified Dividends for my personal portfolio, or my taxes go out of site!!!
    KMR and EEQ ( I think) are my only way to "MLP" high dividend stocks.
    I do wish other MLPs would do something similar to KMR and EEQ. Those "other MLPs" would open more potential share holders if they did!
    DAVE
    Jul 18 10:10 AM | Likes Like |Link to Comment
  • Kinder Morgan: Is It Safe To Run With This Bull? [View article]
    gabby,
    You get your LNCO dividends in cash? With KMR and EEQ I get full and partial shares of each instead of $ which get around the "ordinary" dividend problem of the K1. And I don't have to pay taxes until I sell those shares. ON M* I noted LNCO showed Cash Dividends monthly and LNCO is an LLC, and doesn't give out k1'S. BUT I believe income from LLCs goes to the top line of you taxable income. Ie Dividends from a LLC are taxed at your tax highest rate ..ie' added to your TAXABLE income. That's fine if your in a LOW 10 -15% tax bracket BUT if your a high bracket (mine was 28% last yr.) to start .. your paying at your highest highest rate.

    dave PS an any rate that is my understanding on the tax questions
    Jul 17 09:00 AM | Likes Like |Link to Comment
  • Kinder Morgan: Is It Safe To Run With This Bull? [View article]
    As some have already mentioned KMR is the twin brother of KMP . KMR is NOT a MLP but in essence pays the same dividend KMP, but without the tax problems of KMP. With KMR you get SHARES of KMR as a dividend not cash. (NO MLP tax complications) Since it's not an MLP you can sell the "dividend" shares in 1 year as a Long Term Capital Gain in a regular cash account !!! For me it's an no "brainier"!!

    You can even put it in your IRA or 401k and go over any dollar MLP limit in dividends in you tax sheltered account with OUT penalty . You can even sell the "shares" dividend right away for cash!!

    There is one another "MLP" stock like KMR that you can put into tax shelters and cash account w/ MLP problems. Its symbol is EEQ

    I own both KMR and EEQ in my cash account. I have ot tax sheltered account.

    Dave H
    Jul 8 07:21 AM | 4 Likes Like |Link to Comment
  • Kinder Morgan: Too Hot To Handle? [View article]
    LONG KMR it's still a discount over the price of KMP ...plus I don't have a tax sheltered IRA or 401k..so that's another reason for KMR. Thanks David for a great article from another David
    Jun 19 07:05 AM | 2 Likes Like |Link to Comment
  • Kinder Morgan Management, LLC: The Wise Choice [View article]
    I think you can only collect UP TO $1,000 from an MLP (LIKE KMP) in an IRA, w/o the IRS coming for you.
    But you can own as much of KMR as you want in an IRA at a higher dividend % than KMP. (Higher Div % div for KMR is due to the higher price of KMP ergo more shares can be purchased of KMR for the same bucks).
    I've (and we've) said all this before but it always can be told again for the new readers!
    long KMR
    dave
    May 21 04:44 PM | Likes Like |Link to Comment
  • Kinder Morgan Energy Partners: Is The Stock Attractively Priced? [View article]
    As mentioned above I too prefer KMR to KMP !

    KMR price is lower than KMP so you can buy more shares with you bucks, and you can save on big time on taxes (ie I have no tax sheltered accounts like IRA's etc) if you have to buy it in a regular cash account. If I want to sell, I sell Shares which are Long Term and pay only 15 -20% Long Term Capital Gains.
    Just some thoughts

    Dave
    May 8 06:39 AM | 2 Likes Like |Link to Comment
  • A Closer Look At Kinder Morgan Energy Partners' Distributable Cash Flow As Of Q1 '14 [View article]
    Arthur, Your correct. In fact I exited KMP into KMR over a period of time as each batch of KMP became a long term gain. So inessence I only sell the first in first out shares AND ONLY WHEN I WANT CASH FROM my KMR!! Mostly I let my all my shares ride and grow for now.

    I also bought some EEQ which is the only other stock I know which gives Share instead of cash for its dividends. The price of EEQ follows the EEP (the MLP) very closely, NOT like nice large price difference between KMP to KMR

    Dave
    May 7 05:55 AM | Likes Like |Link to Comment
  • A Closer Look At Kinder Morgan Energy Partners' Distributable Cash Flow As Of Q1 '14 [View article]
    I own KMR, which for me W/O tax sheltered accounts like an IRA, is a better answer than KMP ! KMR gives me a 7.7% Stock dividend (the higher div rate is because KMR shrs cost less /shr than KMP.) I collect the KMR share Dividends can hold them for a year or more then can sell them for a Long term capital gain tax rate!! KMP dividends are taxed at my highest rate.
    No brainer for people w/o tax tax sheltered acct.

    Dave
    May 6 03:07 PM | 5 Likes Like |Link to Comment
  • Cempra - Don't Throw The Baby Out With The Bathwater [View article]
    VERY Good article well written informative on the whole small co. antibiotic field .. I own CEMP now along w/ whole family including a Doctor. bought more yesterday!
    Dave
    PS We all did great on TSRX (now Cubist) but lost a lot on TAXES short gains!! :>(
    May 6 11:01 AM | Likes Like |Link to Comment
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