You should call Diana Shipping to get accurate information on dividend and contracts. Go to http://www.DianaShippinginc.com
The contact info there is
Investor and Media Relations:
Mr. Edward Nebb
724 Valley Road
New Canaan, Connecticut 06840
Tel: + 1-203-972-8350
Sorry should have stated, I personnaly hold a Roth IRA.
No capital gains.
A Roth individual retirement arrangement (Roth IRA) allows tax payers, subject to certain income limits, to save money for use in retirement while allowing the savings to grow tax-free. All of the tax benefits associated with a Roth IRA happen when withdrawals are made: withdrawals, subject to certain rules, are not taxed at all. (This is in sharp contrast to a traditional IRA.) Stated differently, Roth IRAs convert investment income (dividends, interest, capital gains) into tax-free income. There are no tax benefits associated with contributions (no deductions on your federal tax return) because all contributions to a Roth IRA are made with after-tax monies.
Not me. I trade exclusively in an IRA. I would go nuts with the trades I make each year and listing them all. In the last 12 months I have made over 500 trades.
When I take money out each Jan I pay long term capital gains on them.
Old language story. The gentleman says"I speak every language but Greek, try me. So they try French, German etc and to every one he can not speak. So the others say" I thought you could speak every language but Greek. I can he replied, "they're all Greek to me".
All the information you need to know is on their WEBSITE. They tell you what rates the ships are currently at as well as when the leases are up for reset. Since no ships are coming off lease until FEB 09, I doubt they have too much to tell you. I am sure they are hoping for rates to move back up....