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DewDiligence

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DewDiligence

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Re: biomanbaba post# 917

Wednesday, 05/26/2010 7:13:36 PM

Wednesday, May 26, 2010 7:13:36 PM

Post# of 30493

Investors often buy into energy trusts because of their high yields, but new tax legislation effective 2011 is forcing these firms to convert from income-oriented trusts to growth-oriented corporations and potentially eliminating their ability to continue dishing out hefty dividend payments.

Welcome to the board. Can you elaborate on the above statement regarding tax changes? I’m not clear on what it means. T.i.a. Dew


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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