They issue a K-1. If you go to their web site you will find all the information you want on the company. Asking a question like that here will only get you smart #$%$ answers. LOL
I added some more today with this price drop. I'm hoping it will go lower. Against what most people want when buying a stock. But if you are a long time holder not a trader days like today are what you are looking for.
I'm using TDameritrade and according to the rep I spoke with they do the discount. I guess I'll see coming up in May. I only own 11 securities much like you counting my last purchase of DNP. Five are MLP's and the others are dividend paying stocks., COP,T,MO, JNJ etc. I don't need the income now so I will be dripping the dividends. :)
I'm not really a trader. The stock I sold was pretty much dead money for the last year with no dividends. The small profit was nickels and dimes and won't change my tax position. Most of the time I buy and hold unless I feel the companies situation has changed. I'll be holding DNP for the dividends and adding on dips. If there is any. LOL ;)
Thanks, I bought some on 4/20 & 4/21. I put orders in after that but they never filled since the price just kept going up. I took some profits on another stock so I have more to move into DNP. The only thing I found is I had to break my orders up onto smaller lots. When I tried an order for 1000 shares it wouldn't fill. It didn't really matter with the smaller lots since I had plenty of free trades left in my account. Less
Sharebuilder doesn't charge fees for reinvesting dividends. I'm not sure if you will get the discount with them though.
freesportspring. You just have to do what I do when I run across him on one of the boards with these stupid posts. Just hit IGNORE.
Don't even bother responding to donkergen. He's a troll. He has been on the O board for years calling for a death spiral. He goes board to board with the same old song. He probably is using his mothers computer in the basement while he waits for the short bus.