Once AmerCap pays down its debt to book value, distributions will again start. When that happens, the EFT's distribution will increase! ACAS is currently not distributing $$$. Currently the yield is 7.65%.
LNCO is a C-Corp...there is no tax deferred taxes. Its like owning a share in PG. You paid income taxes on the divy you receive. That's it!
No, i did not see that but i saw this:
UPDATE: BMO Capital Markets Raises PT on Enerplus Following Good Q1/13 Results
11:16a ET May 13, 2013 (Benzinga)
In a report published Monday, BMO Capital Markets analyst Gordon Tait reiterated a Market Perform rating on Enerplus Corp. (NYSE: ERF), and slightly raised the price target from $15.00 to $16.00.
In the report, Tait noted, “Enerplus reported Q1/13 results a little ahead of expectations. First quarter production averaged 87,183 boe/d, 4% ahead of our forecast of 83,490 boe/d. The better-than-anticipated production was primarily as a result of higher volumes from the Marcellus. However, the overall production mix was gassier than expected. Q1 CFPS totaled $0.87, on par with both our estimate and the consensus of $0.87. Management is maintaining its 2013 production guidance at 82-85,000 boe/d with an exit rate of 84-88,000 boe/d (despite an asset disposition of 600 boe/d subsequent to Q1). The full year capital budget is unchanged at $675 million.”
Post wireless sale to VZ, ATT comes in and buys VOD after distribute to us shareholders ...end of story!
Just makes perfect sense.
Excellent divy to boot...held up during the financial crisis