Coursey ---
Here's what I'm talking about with dividends and interest -- here's a PREFERRED STOCK I have in JP MORGAN -- and here's a snap shot of SIX STINKY LITTLE MONTHS in payments from the holding.
12/01/2011 JPM+I JPMORGAN CHASE 8.625%PFDDEP SHS REPSTG 1/400 NON
type: QUALIFIED DIV
$4,042.97
09/01/2011 JPM+I JPMORGAN CHASE 8.625%PFDDEP SHS REPSTG 1/400 NON
type: QUALIFIED DIV
$2,964.84
06/01/2011 JPM+I JPMORGAN CHASE 8.625%PFDDEP SHS REPSTG 1/400 NON
type: QUALIFIED DIV
$2,964.85
I should have added that this is a QUALIFIED DIVIDEND -- so is currently taxed at 15% -- if it was in your ROTH it would come out 100% TAX FREE
Last edited by GregWeld; 02-07-2012 at 08:17 AM.
|