I don't get the point of this exercise. There is no free lunch or free money sitting on the floor to be picked up by retail investors on the stock exchanges. If you capture the dividend, then when you sell the stock later, it will be lower by the amount of the dividend. You gain nothing except the privilege of paying two comissions.
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I don't get the point of this exercise.
Jan 19 14:18 pm
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All Comments by livesinhiscar »Clorox: Ex-Dividend Opportunity? [View article]
There is no free lunch or free money sitting on the floor to be picked up by retail investors on the stock exchanges.
If you capture the dividend, then when you sell the stock later, it will be lower by the amount of the dividend.
You gain nothing except the privilege of paying two comissions.