Alpine Total Dynamic Dividend Fund: Diverse, Flexible with Smart Management
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YES!Your miss something do some research!
On Jan 02 05:38 AM You're Kidding wrote:
> I believe Dividend Capture Rotation is buying the stock, getting > the dividend, and then selling out in minimal time, hopefully to > make money quickly on the dividend itself, without the risk of owning > the stock for very long. > > If this is correct, then the strategy is a waste of time, because > on the ex-dividend date, the exchange lowers the price of the stock > the exact amount of the dividend, just before the open. After all, > the company's value has just dropped the amount of the dividend, > so why should new buyers not pay that much less for the stock?<br/> > > Perhaps I am missing something here, but I don't think so. It appears > that companies using this so called strategy, are really trying to > con new business from naive investors. After all, who doesn't want > free money? And, of course, it is out there for the easy picking > somewhere, isn't it?
Alpine Total Dynamic Dividend Fund: Diverse, Flexible with Smart Management [View article]
On Jan 02 05:38 AM You're Kidding wrote:
> I believe Dividend Capture Rotation is buying the stock, getting
> the dividend, and then selling out in minimal time, hopefully to
> make money quickly on the dividend itself, without the risk of owning
> the stock for very long.
>
> If this is correct, then the strategy is a waste of time, because
> on the ex-dividend date, the exchange lowers the price of the stock
> the exact amount of the dividend, just before the open. After all,
> the company's value has just dropped the amount of the dividend,
> so why should new buyers not pay that much less for the stock?<br/>
>
> Perhaps I am missing something here, but I don't think so. It appears
> that companies using this so called strategy, are really trying to
> con new business from naive investors. After all, who doesn't want
> free money? And, of course, it is out there for the easy picking
> somewhere, isn't it?