Post by winnerswingon Jun 27, 2024 5:03pm
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Post# 36109728
2nd distribution 13.5 cent
2nd distribution 13.5 centI guess MM will again abruptly cut stock price this amount to balance everything. If you own it in a non registered account, do you think you will have to lower accordingly the correct value of adjusted cost basis or you will declare it as a taxable dividend? Same question for the first ''dividend'' paid.
After that payment, things could be very interesting especially if BOD starts a different business with the remnants of the cie.