Someone can correct me if I'm wrong, but I don't think I am. These dividends are not qualified dividends, which means that dividends from NCV are taxed as income. Only qualified dividends get taxed at 15%.
So, whatever your income is, add any divys from NCV to your total taxable income and that's your rate.
Assuming we go off the cliff I dont' think for NCV the dividend rate would change because it's taxed at income anyway. But nobody knows what's going to happen. I think right now the risk is for qualified dividend rates to go up. Obama is basically looking to tax the rich by going after investment taxes, which is going to really hurt big money, becuase millionaires and billionaires generally make their money on capital gains and qualified dividends, not income.
Excellent answer to a very important question that lots of investors need to know and understand before they sell stocks that they shouldn't sell. I have other dividend paying stocks that are rated as cash dividends. How are cash dividends payouts rated, qualified or non-qualified? Thank you.