I'm new to NCT.
Are the dividends truly "Dividends" or a distribution similar to MLP's?
K1 form versus 1099 form
Really, they are an allowance for good shareholders. Are you moving away from energy? REITS ARE A DIFFERENT MONSTER. To put it nicely ill consider this phase two in the investment cycle for NCT.
They're dividends, as NCT is a mortgage REIT. The 1099s are used instead of K1's.
NCT dividends are non-qualified dividends. You will pay taxes based on your nominal tax rate
You bought a stock not knowing that information? Thats investing, 101.
they are either dividends or return of capital