Become a Member

written by reader IMF Super Dividends -Mike Ward -Money Map Press

By gmcmahon, June 17, 2013

What if any substance is there to collecting years of dividends in a single day via IMF data on 6/28/13 per Mike Ward of Money Map Press’ tease 6/17/13 ?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

6 Comments
Inline Feedbacks
View all comments
Judy
Guest
Judy
June 18, 2013 9:15 am

Please let me know when you get more info on this.

Lisa
June 18, 2013 2:02 pm

Would like to know all about this new “claim” about super dividends. Thanks.

Add a Topic
152
WH Phillips
Guest
WH Phillips
June 19, 2013 4:42 pm

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.

Add a Topic
605
Add a Topic
5971
Add a Topic
605
Travis Johnson, Stock Gumshoe
June 19, 2013 4:51 pm
Reply to  WH Phillips

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.

Add a Topic
152
Add a Topic
4085
Add a Topic
152
👍 21650
dockie
dockie
June 19, 2013 7:09 pm

Calculated the” super dividend” of first recommendation, ESGR, roughly 3%. Nuff said. Thanks for all you do, Travis. Best, Dockie

drlinks
Member
July 1, 2013 4:27 am

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

Add a Topic
3551
Add a Topic
5971
Add a Topic
329
👍 31

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info  
32
0
Would love your thoughts, please comment.x
()
x