You might try someone else than Schwab. Mine got in right away and the excess money taken out was put back in during the time frame stated by the company. My mom and pop brokerage sure were able to handle it.
Disappointed??? I'm elated that they didn't lower it. In fact, they kept it the same for the next 3 months. And I exercised the warrants and bought more shares for $23.99 a share and look at the price now. How could anybody be disappointed.
Not sure what all the questions are about. Everything was spelled out in the prospectus. I've been through all this in the past with DNP and UTG itself. Things will turn out okay. Everybody needs to just relax.
I have way too much time on my retired hands. I read through the prospectus. Page 5. Confirmation to Participants is December 22, 2015 (unless the offer is extended).
I use the drive by the plant indicator. I did that last week twice. I wouldn't touch it with a fork.
One wonders with this increase of outstanding shares, will they keep the dividend the same. The last time they did this they did kept it, in fact, I believe they even raised it the following year. Maybe this will come up at the conference call on December 1. Another little benefit of this rights offering is that if you hold the shares in an IRA or a brokerage firm, there is no commission for exercising the rights and buying the 1 for 3 more shares.
They say it will be. They gave such guidance at the 3rd quarter earnings report. One thing to think about is that there are one million more shares out there than last year. That will lower the per share earnings by a couple of pennies from last year.
If you want to know all about UBTI, read carefully his reply to my post that I was puzzled. He gives the complete history of IRS reasons for instituting this tax for charities and non-profits, and then the IRS including the tax for holdings in IRA's. The thing that is confusing is the word "unrelated" The income is not unrelated to the company, it's unrelated to non-profits and holdings in IRA's.
I'll just say less than a 1,000 shares. I just got out my K-1 from last year and Part V (UBTI) amount was actually a negative figure. Go figure??
Thanks greatly. I now get it. I did a little research on the internet and in one explanation, the tax was called "arcane". Not sure why I really need to worry about it since the amount was well below 1,000 on my K-1. I do hold the stock in an IRA. You must be a CPA or a tax attorney. Thanks again.
Very puzzled by your response. UBIT stands for Unrelated Business Income Tax. I don't see how the refinery income would be unrelated business income for a MLP.