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  • High Yielding Stocks Going Ex-Dividend in January [View article]
    This "strategy" is a myth.

    The Exchange lowers the share price of a dividend stock the exact amount of the dividend on the ex-date. So, for example, if a stock is set to open at, say, $10.00, and the dividend is .25, then the stock will be reduced .25 and open at $9.75.

    Of course, from there, the stock may go up or down. If it goes up quickly over .25, then it "looks like" someone just got a free dividend, but that's not what happened at all.

    Sorry, but someone said once, "If it looks too good to be true....
    Dec 25 03:06 am |Rating: 0 -1 |Link to Comment
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