Replies to post #21190 on Full Alliance Group Inc. (FAGI)

[Zardiw]

Yes. Screenshot of $FAGI Cash Payout:

TDAmeritrade:



Fidelity:



z

[janice shell]

For what it's worth:

There are two types of ordinary dividends: qualified and nonqualified. The most significant difference between the two is that nonqualified dividends are taxed at ordinary income rates, while qualified dividends receive more favorable tax treatment by being taxed at capital gains rates.

And here's a longer explanation:

https://www.kahnlitwin.com/blogs/tax-blog/deciphering-qualified-vs.-nonqualified-dividends

[janice shell]

An additional explanation of the holding period:

Stock

You must have held those shares of stock unhedged for at least 61 days out of the 121-day period that began 60 days before the ex-dividend date.

For certain preferred stock, the security must be held for 91 days out of the 181-day period beginning 90 days before the ex-dividend date.

But there WAS no ex-dividend date...

https://www.fidelity.com/tax-information/tax-topics/qualified-dividends