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NewLead Holdings Limited Message Board

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  • cpb38 cpb38 Nov 13, 2005 11:52 AM Flag

    FINALLY!

    <<I could hold the stock for 4 days, receive the dividend and sell the next day? What am I missing ? >>

    What you are missing is this. If you hold the stock for only 4 days, you do not get beneficial tax treatment of the dividend. The dividend would be an ordinary income, and taxed at a higher rate if you report it correctly on your tax return.

 
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