Oh No NO....those were earlier companies I invested in. These are mining companies with operations outside of US. It may be a reason why I do not have to pay with holding tax for my divs. Hansel is lookin into this.

It is only recently I invested in MReits. MRre MOrtgage Reits. Sorry for the confusion. I am receiving some Divs soon. We will see whether these Divs are subjected to with holding taxes.

This post has been edited by prophetjul: Apr 11 2017, 11:20 AM

Boss,

I m curious abt this MUX. Dividend rate is 0.005 (div yield is less than 1%) attractive ??

Is this a dividend share or cap share ?

Can elaborate abit coz I m new to US market.

This post has been edited by prince_mk: Apr 11 2017, 02:40 PM

Oic.. thanks for clarification.

Can name 1 or 2 Mortgate reits for own research while I m off today ?

Mining shares are different type of animal. Divs is not the attraction. Mining shares are generally a derivative of the metals themselves.
Good for trading as they are highly volatile!

Double post

This post has been edited by prophetjul: Apr 11 2017, 11:29 AM

NRV, AGNC, ARI, ANH

Different animals here as well. Please research nicely. I own NRZ.

I believed for these mining companies for which their revenue is from outside of The US, it is foreign oncome, hence, no WHT onto the divvy payout. This is what prophet has been enjoying,...

As for the MREIT companies, I predict there will BE WHT imposed, but even if so, since the declared yield amts to 13% to 14%, even if WHT imposed is 30%, prophet will still take home a yield of 9.45%,.... which is still a lot,....

More on US Taxes

https://www.irs.gov/pub/irs-pdf/p519.pdf

It's good that we have a clear position on this !

Let's work towards this,... we will follow US Tax Laws where applicable, however, it shouldn't be for non-US brokerages to simply withhold 30% of our divvy payout just because they are not sure,....

Boss,

No WHT for these counters ??

Nor sure yet.
To be tested soon by my Divs to be paid end of month

Managed to buy some more ECC last night at $21.25 when someone dumped a bit for some unknown reason.
Div of 20 cents ex today
Now rebounded up to $21.69. wish me well!

Telstra share got hit so bad by the news today.a buying opportunity?

NO bro,... I remembered we talked earlier abt Aussie shares,... Hold first.... I'm in the midst of discussing/debating with Aussie and HK investors now,.. we are really churning this inside out abt whether TLS still has a future !

discussing/debating where? some online forum?
very much interested to see the discussion

,... friends too,...

well let me share my view
TPG could be a big threat. Currently, TLS is considered having premium network and therefore charges more compared to their competitors.TPG could gain market share at the expense of other telco and a small portion Telstra unless TPG could built up its network to be better than the other telco. Then it would be a big headache to telstra

2nd problem for telstra, ACCC is considering to allow access to Telstra network in rural areas. Telstra has said that if this goes through they no longer have the incentive to improve their network in the rural areas. in most rural areas, telstra is the only provider with good coverage and they can charge more for this

3rd NBN,in the long run Telstra would be losing money rather than gaining from NBN after all their copper network has been phased out

4th I dont see their other investments such as Ooyala turning around

now for the good points, their NAS and other units such as Pacnet could be future growth area

Cant think of any other points for discussion. i dont see any major dividend revision for 2017 (14.5-15.5 cents/share) unless they report a bad 1st half results

You have good points up there,... tq.

Well,... the decision from the ACCC is not going to be favourable to TLS, my gutfeel,... look at the world,.. everybody can use everybody's network. I think ACCC will allow sharing of infras, which means TLS will not have a monopolistic position anymore. When this decision is announced later, there will be another gap down on the SP for TLS.

NBN - come 2020, NBN will still pay TLS 1M AUD every year for 'royalty',...

TLS has engaged Macquarie Cap to to look into the flotation of the NBN revenue stream,...

TLS fell further today,... careful of catching the falling knife.