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Whiting USA Trust I Whiting USA Message Board

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  • abccoll123 abccoll123 Oct 20, 2012 7:58 PM Flag

    Always look at your 1099-B for dividend-paying stocks

    Please look at financial website or wikipedia to find out what is Return OF Capital - and what its consequence is ( or should be ) on the stock price or equity of the company. I have no problem if investors jump up and down on receiving Return OF Capital - all I am asking is - it should be DISCLOSED.

    Coming to WHX - according to seeking alpha, the trust will end at the beginning of 2015 - which means the trust will distribute another $7 till then. Why should one pay $7 in share price NOW to get back $7 OVER TIME. Am I MISSING something ?

    Sentiment: Strong Sell

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