I called KKR to get the information on UBTI and apparently the subject is too complicated for them to discuss. They directed me back to my broker. Apparently these things shouldn't be in an IRA account since they are too complicated for an average person to understand.. Does the UBTI become an issue in a regular stock trading account?
I bought some LINE today and I have a question about the UBTI. Will I be issued a K-l and if so how much of the dividend will be UBTI. I understand if the level is more than $1000 you will need to pay a tax. Does anyone know what if any the UBTI was for 2013? Thanks for the information.
I recently purchased this stock for an IRA account and now find out that a portion of the dividend may be taxable. This portion is referred to as the UBTI as listed on the K-1 form and is taxable on amounts in excess of $1000. It will change each year but I was wondering if someone could tell me what the amount was in 2013 so I would have an idea of how much of the income is likely to be UBTI? Guess as long as the dividend is kept below $1000 I have nothing to worry about.
The important date is the ex-dividend date which is Oct 30. This means if you must own the stock before Oct 30 to get the dividend. If you buy the stock on Oct 30 you do not get the dividend.
After earnings look for this stock to go lower. If the past in any reflection of the future earnings will be bad. If so not even the REIT thing is going to hold this stock up. There are other place to get a good dividend and these companies are making money. Try KKR if you want a good dividend. It pays as good as WIN and the financials look better.
You must have gone to the same school as KID. This is not Disenyland so leave the Fairy Tales alone. The direction of the stock is down and it will continue. Anyone who doesn't believe that is going to lose some money. Come the end of year the income fund will be the better investment. That is the way it is now and that will be the story come the end of the year. This stock is a loser for this year.
The market is up huge and UTX is going down. The shorts have nothing to do with this stock going down. Saw a piece on CNBC with them looking for UTX to test the $93 level. The only positive I can find is KID says it is a good buy here. If this UTX cannot go up when the market is going up what do you think that means. Earning are out and the street does not like them. If the street liked them the stock would be going up with the rest of the market. If you want to buy wait for $93. Why anyone would want to own a stock with so much overseas exposure is beyond me. Stay with stocks with domestic exposure. Too many problems in the rest of the world.
Thanks for the information. I was under the opinion that any earnings in a Roth IRA were exempt from taxes. Looks like certain amounts over $1000 could be subject to a tax. Since I only have 1000 shares I don't think that will be a problem.
Thanks for the info. I understand this is like a REIT and the dividend will vary. I put it in my Roth IRA so the tax consequence is not relevant. Sure would be nice if we could keep getting the 13%.
From what I can tell UTX missed on revenue this time. Think when the market opens they will pay for the revenue miss. This site has been lousy ever since they change it. My question is do you recommend buying UTX at this point? Do you think UTX will recover this year. At our age next year is not promised to us. After the downturn are you still making money on your investments?
I should have said most of us old guys. People who need their money to live on cannot put it at risk. Obviously this does not apply to you. Glad to see you are still alive. After than downturn thought you might have jumped out of a window but you probably made money on the downturn? Do you like UTX at this level? Do you think UTX can beat the fix income fund for the year?
Earnings release on Nov 6. Best to wait until then. There was a reason they cut the dividend. We may see why when the report earnings.
Looks like the market has made a bottom. Been accumulating some dividend payers for my IRA account. Thinks like T and KKR offer some good returns from this level. I would leave UTX alone since the problems oversea have not gone away. Nov and Dec are normally good months for the markets. I have given up thinking we will ever get any interest on our money again. We are very lucky to get the 3.45% in our 401k. Us old guys do not like to risk our money.
When I look on Yahoo site the data shows KKR went ex dividend on July 31. Three months would be Oct 31. Isn't the dividend done every three months?
Seems too good to be true. Paying a 13% dividend. Is there a reason this stock is trading so low. Bought some Friday and probably should have bought more.