I have never seen a Reverse Split I liked ergo profited from. In addition, the continued ROC included in dividends concerned me greatly. Something just doesn't seem right. A phony way of providing a higher dividend IMHO. My YieldMax portfolio has provided exceptionally high dividends while PPS has diminished greatly. The ramifications of such is costly at income tax time.
Thanks for sharing this — I think a lot of investors feel the same way. Reverse splits usually signal that something structural isn’t working, and when you combine that with heavy ROC and a declining PPS, the math gets even harder to justify. The yield looks great on paper, but the long-term tax and NAV effects can quietly eat you alive.
This is why I’m trying to understand YieldMax beyond just the headline yield. There’s more going on under the hood than most people realise.
Appreciate your perspective — it adds to the discussion.
I have never seen a Reverse Split I liked ergo profited from. In addition, the continued ROC included in dividends concerned me greatly. Something just doesn't seem right. A phony way of providing a higher dividend IMHO. My YieldMax portfolio has provided exceptionally high dividends while PPS has diminished greatly. The ramifications of such is costly at income tax time.
Thanks for sharing this — I think a lot of investors feel the same way. Reverse splits usually signal that something structural isn’t working, and when you combine that with heavy ROC and a declining PPS, the math gets even harder to justify. The yield looks great on paper, but the long-term tax and NAV effects can quietly eat you alive.
This is why I’m trying to understand YieldMax beyond just the headline yield. There’s more going on under the hood than most people realise.
Appreciate your perspective — it adds to the discussion.