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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: JohnyP who wrote (66578)	2/19/2021 3:39:25 PM
From: bruwin	Read Replies (1) \| Respond to of 78820

Unfortunately I didn't treat UAN as an MLP as it pays virtually no Taxes and its Distribution/Dividend can be seen as its Net Income. MLP's are not instruments that I trade in. Revising the numbers and including items that were in UAN's latest TTM Income Statement that I did not previously include, but now include on the basis that they remain the same, and its Gross Profit is around 28% of its Total Revenue, I get :- So based on the above it seems that UAN's Total Revenue may need to be about 3 times what it most recently reported if it is to Distribute $7 to each of its Unit Holders. Although an MLP does not, of itself, pay Taxes, my understanding is that its unit holders do have an eventual tax liability based on their personal Tax Rates.