[disdaniel 63]

Hurrah. Dividend in both accounts--apparently my brokerages like to pay after 2am the following day.  I'll try to remember this. GLBL is the first dividend large enough for me to care :D

Also it does not appear to have lowered my GLBL cost basis in either account (I did not hold shares the prior quarter--so cannot compare).  I hope we learn more about tax treatment of dividend (going forward) with earnings...or is that a good question for GLBL IR?

[explo 648]

Got my big fat GLBL dividend here too now.

[slowtrader 2]

I have just noticed GLBL has never closed above it's 50-dayMA. It now stands at 3.41, so it's not that far away anymore. If they could close and stay above for some time, the long climb up could start i think..

TERP trades not that negative around their 50-day some time now.

But now, the SUNE masaker has to clear up first.

[solarpete 45]

On ‎3‎/‎18‎/‎2016 at 6:27 AM, disdaniel said:

I hope we learn more about tax treatment of dividend (going forward) with earnings...or is that a good question for GLBL IR?

The company should send you a Form 1099-DIV during tax season.  It will tell you how much of what they paid you is a dividend (and whether it's an ordinary or qualified one), and how much they consider Return of Capital (which is taxed differently).  Enter the amounts into the lines of your Form 1040 according to the instructions of the 1099-DIV, then follow the 1040 instructions to figure the tax.

Note this is in addition to your gains and losses on trading the stock--your broker's combined 1099 should list those.

[disdaniel 63]

8 minutes ago, solarpete said:

It will tell you how much of what they paid you is a dividend (and whether it's an ordinary or qualified one), and how much they consider Return of Capital (which is taxed differently)

Yes, I realize this will happen next year. 

I guess my question is if dividend tax treatment is something the company explains in advance if dividends are large (usually dividends are small, a few percent at most; right now GLBL dividend represents ~33% annual return for new investors--so fairly large) or if I must ferret this info out myself.

[ravalos 25]

Based on latest 8K filed, SUNE's bankruptcy is imminent and as such it would have material impact on TerraForm Global. It'd be interesting to see how GLBL survives this malaise but they indicated have sufficient liquidity to survive a SUNE's BK. However there are many projects that will not be completed and were supposed to be transferred over to GLBL. This saga will get a lot worse before it gets better, but the India, South Africa and Uruguay projects are all at risk either because they will not be completed or because the offtake counterparties have clauses to reprice the PPA or even terminate it in the event of SUNE's BK. Oh my, I'm down big in GLBL already and I don't know what to think, hard to quantify the final impact but luckily it's a small position of my portfolio.

https://www.sec.gov/Archives/edgar/data/1620702/000156761916002097/s001258x1_8k.htm

Edited March 29, 2016 by ravalos

[odyd 1,340]

https://biz.yahoo.com/e/160329/glbl8-k.html

In addition, due to SunEdison's liquidity difficulties, there is a substantial risk that SunEdison will soon seek bankruptcy protection. Such an action would have a material adverse effect on TerraForm Global given our reliance on SunEdison as discussed in the Form 10-Q and the Form S-1 and SunEdison's obligations with respect to pending transactions (discussed below). TerraForm Global does not rely substantially on SunEdison for funding or liquidity and believes that, in the event SunEdison seeks bankruptcy protection, TerraForm Global will have sufficient liquidity to support its ongoing operations. Our revolving credit facility, which we do not believe is critical to the continued business and operation of TerraForm Global, requires that the 2015 Form 10-K and audit be delivered by March 30, 2016 with a 10 business day cure period. We are in active discussions with our revolving credit lenders to obtain an extension with respect to the required delivery of our Form 10-K for the year ended December 31, 2015 and the related audit report.

[odyd 1,340]

We suspected the delay. SUNE desperation is harming yieldcos. SUNE does not try to file, and if they do bankruptcy, lights will go off on yieldcos until filing. The worse scenario

[disdaniel 63]

"To date, we have not identified any material misstatements or restatements of our audited or unaudited financial statements or disclosures for any period previously reported."

Only good news in the 8-k that I have seen.

I agree with odyd, GLBL and TERP cannot report until SUNE reports.

[odyd 1,340]

I think, because of TERP maturity and location, it will be a lot safer. The GLBL filing is horrible.