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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: rnsmth who wrote (16832)	9/2/2013 12:14:43 PM
From: E_K_S	Respond to of 34328

RE: VZ & VOD deal It looks like VZ stock may be part of the calculus of making the deal work. Vodafone deal: 'Short-term gain, long-term pain for dividend seekers' 1:01PM BST 02 Sep 2013 According to broker Hargreaves Lansdown, shareholders could be in line for a big payout in the form of a special dividend if the deal gets the green light. The broker estimates Vodafone may pay out £40bn, amounting to 83p per share, with the shares currently standing at 206p. That's is the equivalent of $12.50/share in cash (and maybe VZ stock). An investor holding £5,000 of Vodafone shares might receive £2,000, with no further tax to pay if held within an Isa or Sipp, added the broker. But investors should hold tight for now. Discussions between Vodafone and Verizon Communications have been on and off for sometime, meaning that while they have admitted to being in final stage talks there is no guarantee an agreement will be reached. ------------------------------------------------------------------------------------------------- It seems that they are working out the details to try to make this a tax free exchange for the investors. Not sure if/when VZ stock could/may be part of the "special" dividend but for me, that would be the best deal as my shares are held in a taxable account. EKS