I've got these as part of my portfolio (only about 5% at this point). I just wanted to get into dividends, but reinvest if/when I wanted.
As it is, I have to wait until Aug 15th for KMP to kickoff their $1.15/shr to my core account. But I have every intention on buying some more once I get some more funds to transfer into the IRA I have those stocks in.
That $1.15/shr works out to be over 6%/yr increase in my core account, although the stock is down from where I bought it in my last batch (I bought at 2 different times).
And on a side question, does anyone know what effect those types of stock's dividends play in annual tax filings since they are held in an IRA?
As it is, I have to wait until Aug 15th for KMP to kickoff their $1.15/shr to my core account. But I have every intention on buying some more once I get some more funds to transfer into the IRA I have those stocks in.
That $1.15/shr works out to be over 6%/yr increase in my core account, although the stock is down from where I bought it in my last batch (I bought at 2 different times).
And on a side question, does anyone know what effect those types of stock's dividends play in annual tax filings since they are held in an IRA?
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