OTCPK:MGMXD - Post by User
Post by
BoldForbeson Nov 06, 2017 8:26am
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Post# 26910282
Final AXY Dividend Thought
Final AXY Dividend ThoughtIt appears as if AXY and INE are trading hand-in-hand (doesn't mean it will stay that way).
My thought is to reinvest the AXY dividend in INE. Then I should be lined up to receive the December INE Dividend.
RJ your broker might be looking for a commission, but you may want to run the numbers (tax included) to see if it is worth rolling into INE early for the December dividend (probably not, but may be worth a look depending on your cost basis, fees, tax).
INE with AXY growth pipeline (funded by INE) looks pretty exciting for a renewable utility dividend stock.
BF