Today, I only had one stock to sell but three to buy. Not much in the way of profit, but it was profit!
Here's what happened today:
1) Sold GBDC (Golub Capital) @ $21.10 for a stock loss of -$84.87 and the dividend captured is $118.08 for a net profit of $33.21. Sure, I'm not going to ring bells or anything, but profit is profit.
2) Bought GHL (Greenhill & Co) - 357 shares @ $20.80. The dividend to be captured is $160.65.
3) Bought KSS (Kohls) - 191 shares @ $39.30. The dividend to be captured is $105.50.
4) Bought TCAP (Triangle Corp) - 415 shares @ $18.12. The dividend to be captured is $186.75.
So far, my profit is $1,497.09, a $74.85/day average. This is below my $100/day goal but looking good anyway.
This is the last time during this strategy experiment that I'll be buying stocks. It's been a lot of fun and I've learned a lot. Mostly, I've learned that this strategy is possible and viable. I hope that you have learned something, too.
I'll be giving my last report next time and hopefully, I'll go out with a good profit. Also, I plan to break down all the trades, statistics and information for this strategy in a near-future post. Look for that soon!
Until tomorrow, happy trading!
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. Here's the blog post where I gave the link to all my portfolio trades, past, present and future. Here it is again.