Thursday, December 1, 2016

Hannon Armstrong: IRS Chills HVAC Financier’s Prospects, Part II – Seeking Alpha



Hannon Armstrong: IRS Chills HVAC Financier’s Prospects, Part II
Seeking Alpha
The tax characteristics of the dividend are not static – eventually you have to pay the IRS. A conversion to a Yield Co or MLP would create significant turnover in the shareholder base and punitive pricing in excess of trading to an implied MLP yield.

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Hannon Armstrong: IRS Chills HVAC Financier’s Prospects, Part II – Seeking Alpha




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