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IDK. IEP's dividend always looks strong but come

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Ramp Worm   Tuesday, 10/01/19 02:42:19 PM
Re: Scotttrader80 post# 98
Post # of 101 

IDK. IEP's dividend always looks strong but come Income Tax time we get taxed in a way where investors of the LLP share the tax responsibility on IEP which is passed down via the IRS K-1 Forms. Using this method investors are paying on gains. We are Limited Partners. We have to file K-1 forms. Depending on your exposure to IRS Taxes in some cases it really cuts into that 'perceived' gain.

-The S/P always drops between quarters, IEP has RAISED their quarterly dividend from $1.75 to $2.00, these cheapies are a Bargain, once the next dividend payout draws near the S/P will climb back into the $70.00's like it always does. Just a matter of time-


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