Quite honestly, the only real attention I pay to quarterly earnings (because of the variability) is to provide some guidance about the scale of
annual shareholder distributions (regular & special dividends, plus share buybacks).
An accountant can also help you find ways to make the most of deductions,
shareholder distributions, and other tax breaks that will help you find the cash to pay yourself.
While XOM mentioned that its cash balance was only down $ 100 million compared to Q2, the company's net debt amount has nearly doubled compared to 3Q14 to finance
its shareholder distributions:
Hence:
My shareholder distribution proposal to Argo — worth repeating in full here (NB: Figures are updated in the 2nd bullet point):
Although, as an S corporation shareholder, you receive distributions similar to distributions that a partner receives from a partnership,
your shareholder distributions aren't earned income for retirement plan purposes (see IRC section 1402 (a)(2)-RRB-.
I'm also including
a shareholder distribution proposal for your consideration.
i) Tender Offer: Unfortunately, the additional write - downs in 2012 mean the net amount available for
shareholder distribution is closer to GBP 6 mio, rather than the 10 mio + I previously estimated.
I've never found anything as good for calculating settlement offers or
shareholder distributions.
Participated in litigation over the enforcement of a shareholders» agreement, corporate recognition of shareholder status, and
shareholder distributions.
Refinancing will provide RDI an additional $ 73M in cash, with which it may pursue additional acquisition opportunities or
shareholders distributions.
In addition, we expect that refinancing will provide RDI an additional $ 30M in cash, with which it may pursue additional acquisition opportunities or
shareholders distributions.