There is a stock trading technique called 'Buying Dividends' is becoming more and more popular. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets.
When you buy dividends, there are many stocks in many different sectors to choose from. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork has compiled a free downloadable and sortable Excel list of the stocks going ex dividend during the next week or two. WSNN.com came up with many companies all with market caps over $500 million. Here are a couple examples showing the stock symbol, the ex-dividend date and the yield.
Consolidated Edison, Inc. ED ex div date: 11/16/09 market cap: $11.4B yield: 5.6%
Diebold Incorporated DBD ex div date: 11/18/09 market cap: $2.1B yield: 3.3%
LTC Properties, Inc. LTC ex div date: 11/18/09 market cap: $544.7M yield: 6.7%
The rest of the ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com. For more details on dividend definitions, check out definitions of dividend dates. Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Author doesn't own any of the above.
By Stockerblog.com
1 comment:
it feels good,when we invest in stock market and reap profits..the companies we invest and the timing is also important ,while investing money in stock exchanges...its well known that its impossible for all invest in blue chip companies..but a right step has to be taken and was helped by stock market
i wish to compliment the blog owner for doing a good job..
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