Dividend nerds unite........

[gotmilk]

World Wrestling Entertainment should have one coming this month for a nice 8 to 10% dividend.

Mr Mac needs a new pair of shoes

 

[chewyxrage]

fo' real!?!

 

[gotmilk]

ch..the dividend passed. But yes, for real.

They have one every quarter.

 

[bran987]

ch..the dividend passed. But yes, for real.

They have one every quarter.

milkmilk
how do you counteract the efficient market that is supposed to drop the stock by the dividend % immediately upon the passing of the ex-dividend date? isn't it a wash to play dividends that way?

 

[gotmilk]

milkmilk
how do you counteract the efficient market that is supposed to drop the stock by the dividend % immediately upon the passing of the ex-dividend date? isn't it a wash to play dividends that way?

I think it depends on the stock. Some of the better REITS barely dip while turds like WWE spike up and back. My favorite was New Flyer which I found a $6.06 and still pays out almost 9 cents a share monthly.

I've had a few washes but for the most part, I ride it out for the year. That's why I hold thru the ex dividend date and hold for all four quarterly dividends on certain stocks. I'm hoping the overall gain will allow me to ride long term.

Stocks like American Capital Agency or Invesco Mortgage Capital are potentially worth the hold. I know any dip will recover at some point in the year.

Honestly, I cannot remember the last time I just played a dividend and bailed on the ex-dividend date.

 

[bran987]

I think it depends on the stock. Some of the better REITS barely dip while turds like WWE spike up and back. My favorite was New Flyer which I found a $6.06 and still pays out almost 9 cents a share monthly.

I've had a few washes but for the most part, I ride it out for the year. That's why I hold thru the ex dividend date and hold for all four quarterly dividends on certain stocks. I'm hoping the overall gain will allow me to ride long term.

Stocks like American Capital Agency or Invesco Mortgage Capital are potentially worth the hold. I know any dip will recover at some point in the year.

Honestly, I cannot remember the last time I just played a dividend and bailed on the ex-dividend date.

Oh OK, gotcha. That works then. I used to subscribe to that motley fool income investor newsletter back when I was bigger into stocks. It was alright for the most part. Seeing as how you like dividends so much, do you ever mess with covered calls?