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  • Seven Highest Yielding Stocks Going Ex Dividend in November [View article]
    Some suggestions for playing this--

    Firstly, only do this in a deferred account like an IRA or 401k/403b/457. There's no point in doing any kind of short term buying/selling in a taxable account unless you're a day-trader.

    Consider delaying your buy until a good few weeks past the ex-dividend date. You can consult charts to see what happens to the stock between ex-dates: typically they decline, then begin to go up as buyers come in for the next dividend. Get your shares after they've lost some value between dividend payouts.

    When the next ex-dividend date is coming, see how the share prices are moving. If you are up more per share than the value per share of the dividend itself, sell and take that as your profit. Otherwise, hang in for the dividend. After all, you don't care how you get your profit, you just want a good chunk in a short time frame.

    Repeat steps one and two next month, rinse and spit...
    Nov 07 11:58 am |Rating: 0 0 |Link to Comment
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