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# My Dividend Capturing Strategy - Day 2 5/8/17

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Well, today is the first day when things really started happening. If you remember from day 1, I purchased a total of 5 stocks to begin my dividend capturing strategy. I closed one of those stocks on the same day I bought it for a profit of \$149.26 and with no dividend captured.

One of my rules is to close a stock on day 1 if it reaches or surpasses the value of the yet-to-be-captured dividend. That's exactly what happened to ETE. I'll get into more of my rules as time goes on.

Today, I closed all of the other 4 stocks for an additional total profit of \$153.06. I sold all of these 4 remaining stocks at a loss but the dividends will make up for it. So, for the first round of dividend capturing, I'm up \$302.32. Not bad and right on target for the strategy.

Here's a roundup of each stock transaction:

1) GLP - Purchased @ \$18.50, sold @\$18.35, dividend @ \$188.70. Total profit = \$127.80

2) NEWM - Purchased @ \$13.62, sold @ \$13.33, dividend @ \$197.05. Total profit = \$36.39

3) ETE - Purchased @ \$17.11, sold @ \$17.45, dividend @ \$0, Total Profit = \$149.26

4) APU - Purchased @ \$45.43, sold @ 44.78, dividend @ \$159.60, Total profit = \$51.70

5) CS - Purchased @ \$15.57, sold @ \$14.70, dividend @ \$359.12, total loss = \$62.83

Generally, I am buying about \$7,500 each stock, give or take a few dollars.

Tomorrow, I'm setting up to buy only 1 stock.

More on that tomorrow!