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Strategies & Market Trends : Dividend investing for retirement

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To: TigerPaw who wrote (31010)	4/3/2019 3:53:26 PM
From: JimisJim	Read Replies (1) of 34328

TD will allow drips on anything they sell, but never heard of them doing what you described for Scottrade, but still get dripped shares at discount even if the stock/company didn't have a true drip program directly. I'd held my original shares for 7-9 years, not counting drips... the dripping in MLPs helps prevent situations where one's true cost basis, for purposes of recapture, etc. because the dripping keeps adjusting the cost basis and helps with issues related to return of capital -- technically, their distributions are considered partial ROC regardless when one sells... I started legging into APU from 2010 to 2012, plus dripped for the intervening years, so my total returns look OK... but am not going to fret about tax implications and let my tax guy figure it out -- when I sold 1/2 last year, it had no tax problems for me (sort of a dry run in that respect), remembering that it was my only MLP in an IRA.

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