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My Dividend Capturing Strategy - Day 13 5/23/17

|Includes: BNP Paribas ADR (BNPQY)

Today was an day that included only one transaction - I bought BNPQY. Here's how it went down today:

Bought BNPQY - 203 shares @ $37.19. The potential dividend to be captured is $295.35. This dividend is really nice and it's because it's a yearly dividend payout. The dividend itself is only a 3.94% yield but I get it all at once. I like that!

Today, BNPQY gained a little speed and finished up $.23 from where I bought it for a nice little gain of $46.69. Hopefully, that'll be a nice start for the stock in the morning.

For tomorrow, there's no purchase of any stocks. Nothing made it through my screener. I do have four to buy on Thursday with captured dividends of about $575. That's enough to make me come back, for sure!

Unfortunately, I wasn't able to add to the total so my overall average/day went down. To remind you of where I was as of last Friday, the total profit is $947.51 for a 13 day average of $72.89. Below my $100/day goal but I have about two weeks to make it up.

For tomorrow's blog, in addition to BNPQY's performance, I'm going to discuss my buy and sell strategy for entering and exiting stocks. I don't just rush into or out of each transaction. I look for entry and exit points and I'll explain my strategy.

So, until tomorrow, happy trading!
Dan Gaskell

P.S. I would love for you to follow me as you can get all of my posts delivered directly to you. Just go here to follow me.

P.S.S. If you missed the blog post about my 20 rules for dividend capture strategy, here's a link to it.

P.S.S.S. If you missed my blog post yesterday, I gave the link to all my portfolio trades, past, present and future. Here it is again.