Use the CC-WI (when issued) price from the day it started trading. $12 + change.
You'll get a higher cost basis. That's when you were bestowed the dividend. You were paid the div on July 1. Check the board, someone gave a very good explanation of the mechanics of the transfer, recently.
with a record date of Aug 3, and a pay date of 9/11/15, according to page 45 (Dividend Policy) of the CC Information statement. This first dividend was declared by DD on 6/9/15 for an aggregate of $100 Million.
Chemours "expects" to pay quarterly dividends thereafter of $100 Million, with an annual aggregate of $400 Million. Although, all dividends subsequent to the first will be at the discretion of the CC- BoD.
Not sure how many shares exist, therefore, the exact div per share or yield is not yet known.
BNDX should fair OK since there are 0 bonds listed in that country, although 56.6% of BNDX is in Europe, however, all investment grade. Some possible volatility for a week or so but things should quell, exposure limited.
What happened to Marvin?
Conventional wisdom says about 10% in any single investment, certainly no more than 20% in any sector to stay diversified. Reinvest dividends/ capital gains. If the winds shift take some profits and move them to other areas. Watch your tax implications, Roth IRA would be a good place to keep this high flyer. Check your yearly contribution levels, I think $5K/ yr allowed. If you are in a taxable account now U can shift to a Roth. Do your research. Good Luck in investing. You have a long time horizon consider an allocation of 75% stocks & 25% bonds/ fixed income, even 80/20. Always be learning.
Just a reminder, political opinions rendered on the Message board are a slippery slope.
Aside from undermining one's credibility, they serve to incite retort and things quickly devolve into pure blather. Visit MO and VZ for examples of wasted opportunities to share investor information.
I have been here for years and this board has always been an exceptional source of knowledge and insight and free of the quicksand political/ religious discussions. Thanx and GLTA.
Hope you enjoyed your trip. Hope the Time machine is still OK from your journey.
See: "Kinder Morgan (KMI) Stock Retreating on Slipping Oil Prices" at the Street (Fri June 12) 1:06PM by Kurumi Fukushima. The article states: "The Street Ratings team rates KMI as a BUY with a ratings score of a B"
Go to the top of this page along the banner and click on 'Headlines' the article will appear a few down from the top. Get some rest from your trip in the Time machine.
I don't see the upcoming div cut. RK is an astute financial wizard, he practically invented the MLP structure. KMP was burdened with IDR's having attained 50% which sucked the $ out going to KMI the GP. The whole experiment was a victim of its own success. RK started the company with cast off assets from Enron having been cast off himself. His colleagues speak highly of him (McGill/ Enbridge) and tell of how he knew every day every cu ft of product pushed on every line. He is the largest holder of all, by far. In my 10 years here, he kept to his projections, it's his way. Fundamentally, nothing has changed, structurally, a corporation operates slightly different. Obviously financing acquisitions is now done via debt rather than secondary offerings but the dilution is absent and the div yield lower. I am staying with Kinder.
Rich Kinder's name is on the building. He's the largest stockholder, larger than the top 2 Institutions, owning 27% of the company he founded. His salary is $1/yr, therefore he has a vested interest in KMI's success. He will keep buying if necessary. He will not cut the dividend anytime soon. I'm holding for those reasons and the fact that I've made $ with his leadership and felt secure doing it without drama and always transparent along the way.
I have no tears for the high income earners. I wish them luck.
I wish I had their predicament. I'm just trying to wet my beak, so to speak.