A lot of times, a dormant counter will sleep for some time and suddenly wait up when ex-dividend date is 1 to 2 months away. Take for instance, SP AUSNET which goes ex-dividend today. Have you see how price gap down today? Technically this is very damaging as the example will highlight below.
I observe many stocks will break down on ex-dividend day. Rather than holding stock and wait probably a month to receive the dividend and risking the possibility of your counter going south, why not sell just a day before ex-dividend? Afterall, you will still get the dividend which comes in the form of price appreciation. Further the money is almost immediate, within a week :)
Happy profiting!!!
* Accumulation must start way early to play dividend expectation from market crowd.

Dividends are paid in cash but they can also come in the form of additional shares. Dividends are typically hallmarks of large, stable companies that may not enjoy stellar growth but are still profitable.
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