Story thread · 2 reports / 1 sources

These 2 Utility Dividends Look Much Better When the IRS Gets None of the Income

247wallst.com · 1dShare

Every year a regulated utility dividend lands in a taxable account, the IRS quietly clips a piece before reinvestment even starts. Southern Company and Consolidated Edison look like very different investments once you account for where you hold them.

First report: A $500,000 Roth Portfolio Loaded With High-Yield Dividend Stocks Pays $40,000 a Year and the IRS Gets None of It — 247wallst.com, 3d