The ex dividend date is the
final date on which the new stock buyer couldn’t receive the next dividend. If
you like to receive the dividend, you need to buy the stock before the ex dividend
date. I made a little screen of the best yielding stocks with a higher
capitalization that have their ex date on the next trading day.
A full list of all stocks
with payment dates can be found here: Ex-Dividend Stocks January 24,
2013. In total, 3 stocks and
preferred shares go ex dividend - of which one yield more than 3 percent. The
average yield amounts to 1.60%.
Here is the sheet of the best yielding ex-dividend stocks:
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Hi Tom
ReplyDeleteI appreciate your newsletter regarding ex-dividend stocks.
You're writing: "Buying stocks before the ex-dividend date is simple. If you buy a stock before the ex-dividend date and hold them, you will receive the next dividend. Buying high yielding stocks is not a one way strategy to high returns."
Usually, the day after the ex-dividend date the stocks drop exactly the amount of the dividend they cash out. And you have to sit on our stock untill the price goes up to your acquisition price. Where exactly do you see the benefit of the ex-dividend days?
Best regards, Phil
Hi Philippe,
ReplyDeletethank you so much for reading. You are right. Its not like a trading strategy because the ex-dividend price is at least lower. Even in the case of a high-yield stock, the amount is only around 1 percent. That's a normal level of daily volatility.
If I consider to buy a stock, I like to receive the next dividend as far as possible. That's a nice cash source. If I buy steadily dividend stocks, why not such stocks with payments in two weeks? I get a faster return than it would be by owning stocks that pays me next year.