Dividend Dates & Terms Defined

This article originally appeared in the July 2014 issue of the AAII Journal Though most investors know that a cash dividend is the distribution of money to shareholders, dividend terminology is not as well-understood. Yet ordinary dividend, special dividend, ex-dividend, record date and other terminology have unique and important meanings investors should be aware of. Dividend Types and Subtypes The…


Potential Hidden Tax Burden for MLP Holders

A recent WSJ.com article by Laura Saunders contains a cautionary tale for investors holding master limited partnerships in their IRAs. Many are receiving surprise tax bills for units of master limited partnerships they hold. The article highlights the fact that IRAs and Roth IRAs, while offering tax-free investment growth, do carry some hidden tax traps….