I just picked up some shares a few days ago and have them in my Roth IRA. From what I understand I wouldn't have to pay tax on the distributions as long as my UBIT isn't above $1000 on the K-1.
Do any long term shareholders know the average UBIT percentage of the annual distribution? For example if the annual payout is $1.44 per share how much of the $1.44 counts as UBIT? Or do you know how much UBIT is for every 100 shares? Any type of calculation or estimate would be helpful to determine how many shares someone would have to hold in order to hit the max UBIT of $1000.
In my opinion,I think this distribution is as safe as any distribution of close to 10% can be. I base this belief on the history of this company paying a consistent distribution. Moreover,if you look at the insider buying that has occurred, you have to derive some degree of confidence in this company and its distribution. It would seem rather odd to have all this insider buying at a time when the company is considering a cut or elimination of the distribution. Just my take.
That's when I started buying CODI as well. Purchased shares between January and September of 2009 and have reinvested dividends ever since. It has grown into one of my largest holdings. My cost is down to $5.22 a share and my yield on cost is now 27.5%. Definitely a keeper for me.
B. J., were You a little worried Monday night? Clemson put up a good wall, but they couldn`t stop the Rolling Tide, what a ball game & what a year, No. 16 in the books.
Just about everyone is correcting right now. I'm a believer, but getting close to my sell trigger... or, doubling down.
Im right with you. Would like to see them raise the divy. Bloomberg LP is already forecasting a 38ct dividend in April. They need to make that otherwise...
Been here since Jan. of 09 with a buy-in share price of $10.16 & have collected a divy every quarter & now another one just announced, during this time period CODI has been very good for me, it would have been extra nice to have gotten the increase we all have been looking for. This is a keeper for me.
Mean good times for CODI. Although it is hugely tempting to include some inflamatory political comments, I will leave it at that. This time it also looks like Liberty is well-positioned in terms of its supply chain. 2015 Q4 should be "above management's expectations" and ditto for 2016 Q1.
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Disagree..CODI being managed by an external mgmt paid partially by a percentage of what it scores...keeping the proceeds from FOXF internally,for example, profits the external mgrs much more than providing bigger dividends to the stakeholders...