IMF Super Dividends -Mike Ward -Money Map Press
by gmcmahon | June 17, 2013 7:47 pm
What if any substance is there to collecting years of dividends[1] in a single day via IMF data on 6/28/13 per Mike Ward[2] of Money Map Press[3]’ tease 6/17/13 ?
Endnotes:
- dividends: https://www.stockgumshoe.com/tag/dividends/
- Mike Ward: https://www.stockgumshoe.com/tag/mike-ward/
- Money Map Press: https://www.stockgumshoe.com/tag/money-map-press/
Source URL: https://www.stockgumshoe.com/2013/06/microblog-imf-super-dividends-mike-ward-money-map-press/
Please let me know when you get more info on this.
Would like to know all about this new “claim” about super dividends. Thanks.
The IMF documents briefly referenced by Money Map Press state in part, “treated as withdrawals of equity.” That’s a very different thing from a stock dividend. It’s a redemption of capital.
The sizeable amounts paid to the various individuals mentioned in the Money Map report make good sense if they are in fact capital redemptions.
He’s just citing some IMF documents that are primarily about standardized taxation rules for treatment of equity and debt, including regular and special (and “super”) dividends. There’s nothing magical or really “IMF-connected” about it, they’re just teasing the idea of unusually large special dividends that they call “Super Dividends.” These are often associated with spinoffs or asset sales or the like, or with big recapitalizations pushed by activist investors (as Carl Icahn was proposing in one of his Dell deals, paying out the cash balance and also borrowing to boost that one-time payout).
I’ll try to write up some more detail on this if I can get a better picture of any of the specific potential dividend payers they may be pitching, but the hinted and teased IMF connection is, well, bull, and there are certainly tax variables associated with “Super Dividends” and a decent likelihood that buying the stock after such a dividend could work out as well as (or better than, depending on taxes and investor sentiment about the company) buying the stock after the dividend is announced and before it’s paid.
Calculated the” super dividend” of first recommendation, ESGR, roughly 3%. Nuff said. Thanks for all you do, Travis. Best, Dockie
So ESGR-Enstar Group Ltd. $132.98 (-1.05 or .7%) IS THE NEXT COMPANY FOR WHICH THERE WILL BE A SUPER DIVIDEND? It’s not A TERRIBLY UNREASONABLE GUESS AT ALL, as I compared it to what Barrons Online thought of it and it was a buy, seeking alpha had a couple old promising articles on it, and my favorite bellwether for stock opinion is TMF (The Motley Fool) According to them— The Company acquires and manages insurance and reinsurance companies in run-off, and to provide management, consulting and other services to the insurance and reinsurance industry & a company that TMF honored the company with it’s best 5/5 as its’ a 5 CAPPER) with a P/E of 13.20 and a Market Cap of $2.2Bn and impressive Outperformance opinions w/AVG or Regular Voters going 246/255 and All Stars picking 69/70 Outperform and Wall Street Analysts only accounting for 2 but both went Outperform! 52 week HiLo was $90.55-$138.99