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Duke Energy Corporation Message Board

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  • vickersviscount vickersviscount Jul 6, 2012 6:59 PM Flag

    New Dividends

    Dear old Fart investor - I am also an old fart investor age 64,and had a 45K capital gain in PGN - if I had sold it, I would pay the 15% tax or around $7000. I don't really care if DUK goes down another 15% or even 20%, because I still collect 4.6% for the next two year (you mentioned it could go down for the next two years). I plan to hold till death - likely 84 (according to insurance life expectancy at 64), so I collect 4.6% for the next 20 years (and likely higher each year) and in 20 years the SPCA will get a nice piece of change when my wife and I die.

83.99+1.56(+1.89%)Jun 27 4:00 PMEDT