Thursday, April 30, 2020

Stocks Going Ex Dividend in May 2020

Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and eventually everything on this site will be transferred over there.

The following is a short list of some of the many stocks going ex dividend during the next month.
Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy 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 in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. 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.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount.
Intel Corporation (INTC)5/6/20200.332.24%
Walmart Inc. (WMT)5/7/20200.541.67%
Consolidated Edison Inc (ED)5/12/20200.7653.70%
Target Corporation (TGT)5/19/20200.662.45%
Johnson & Johnson (JNJ)5/22/20201.012.61%
Goldman Sachs Group, Inc. (GS)5/29/20201.252.82%
The additional ex-dividend stocks can be found HERE . (If you have been to the page 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 some of the other high yield stock lists HERE . Most of the lists are free.
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written, and affiliate links.



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Monday, April 27, 2020

What is a SPAC and Why Should You Care?

Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and eventually everything on this site will be transferred over there.



by Fred Fuld III
If you haven’t heard the term SPAC, as an investor, you should at least be aware of what it is. SPAC stands for Special-Purpose Acquisition Company, which is a company created specifically to pool funds in order to finance a merger or acquisition opportunity within a set timeframe, usually two years.
SPACs are sometimes referred to as corporate shells or blank-check companies. They have no operations but go public with the intention of merging with or acquiring a company with the proceeds that were raised from the SPAC’s initial public offering. The SPACs are currently sold in $10 units which includes of one share of common stock and one or more out of the money warrants or a fraction of a warrant. The units, stocks, and warrants usually start trading on either the NYSE or NASDAQ.
Probably the most famous SPAC (which no one remembers the original name of but most remember the new name after the merger) was Social Capital Hedosophia (former symbol: IPOA). This is the company that merged with Richard Branson’s Virgin Galactic (SPCE), the space travel company.
The most recent SPAC transaction hitting the news is the merger of the SPAC called Diamond Eagle Acquisition Corp. (DEAC) with DraftKings (DKNG), one of the world’s largest daily fantasy sports contest and sports betting provider.
Here are a list of SPACs that have announced mergers:
SPACSymbolBuyingBusiness
8i Enterprises Acquisition Corp.JFKDiginexblockchain
Act II Global Acquisition Corp.ACTTMerisantsugar substitute
Arya Science Acquisition Corp.ARYAImmaticscancer immunotherapies
Diamond Eagle Acquisition Corp.DEACDraftKingsfantasy sports
Far Point Acquisition CorporationFPACGlobal Blueairport sales tax refund kiosks
Gordon Pointe Acquisition Corp.GPAQHOF VillagePro Football Hall of Fame
KBL Merger Co. IVKBLMCannBioRx Life Sciencesbiotech
Legacy Acquisition Corp.LGCBlue Valordigital marketing
Leisure Acquisition Corp.LACQGateway Casinosgambling
Monocle Acquisition CorporationMNCLAerSaleAviation Aftermarket
Mudrick Capital Acquisition CorporationMUDSHycroft Mininggold & silver
Nebula Acquisition Corp.NEBUOpen Lendingautomotive finance
Proficient Alpha Acquisition Corp.PAACLion Financial Groupfinancial services
Pure Acquisition Corp.PACQHighPeak Energyoil & gas
VectoIQ Acquisition Corp.VTIQNikolazero emissions trucks
Wealthbridge Acquisition LimitedHHHHScienjoyChina streaming video
Although the SPACs are a way of getting an early investment in currently private companies, they do carry risk.
Happy investing!
Disclosure: Author didn’t own any of the above at the time the article was written.


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Sunday, April 19, 2020

Books About Investment Scams

Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and eventually everything on this site will be transferred over there.

Now that you don’t have to commute during the shelter-in-place, you can use some of that freed up time to do a little reading. Here are a few books about investment scams that are both entertaining and educational.

Wolf Books

The Wolf of Wall Street
by Jordan Belfort
This is the autobiographical story about the guy who made hundreds of millions of dollars by pumping and dumping low priced and penny stocks. The book is filled with sex and drugs and every other kind of decadence.  A Martin Scorsese movie starring Leonardo DiCaprio was made from this story. Be forewarned: the chapter that took place in the hospital gave me nightmares for a couple weeks.
Catching the Wolf of Wall Street: More Incredible True Stories of Fortunes, Schemes, Parties, and Prison
by Jordan Belfort
This is the followup to the previous book. What happens when Belfort is arrested, how a case was built against him, and what happens after prison.

Madoff Books

No One Would Listen: A True Financial Thriller
by Harry Markopolos
New York Times bestseller about how Markopolos uncovered Madoff’s scam.
The Wizard of Lies: Bernie Madoff and the Death of Trust
by Diana B. Henriques
All about how Madoff pulled off the biggest Ponzi scheme in history. Over 130 five star ratings on Amazon.
The End of Normal: A Wife’s Anguish, A Widow’s New Life
by Stephanie Madoff Mack
An inside look at the Madoff family written by the widow of Mark Madoff and the daughter-in-law of Bernard Madoff.Over 200 five star ratings.
Betrayal: The Life and Lies of Bernie Madoff
by Andrew Kirtzman
An in-depth look at Madoff and his victims.

Theranos Books

Bad Blood: Secrets and Lies in a Silicon Valley Startup
by John Carreyrou
Named one of the best books of the year by NPR, The New York Times Book ReviewTimeWall Street Journal, and the Washington Post. An in-depth look at Theranos and Elizabeth Holmes. Over 2,600 five star ratings.
Billion Dollar Facade: The Rise And Fall Of Theranos And Elizabeth Holmes
by Phil C. Senior
Short 140 page summary of the Theranos scam.

Books about Scams

Scam Me If You Can: Simple Strategies to Outsmart Today’s Rip-off Artists
by Frank W. Abagnale
Abagnale was the guy who wrote the book on scamming, Catch Me If You Can, which was made into a major motion picture.
How to Smell a Rat: The Five Signs of Financial Fraud
by Ken Fisher
How investment fraudsters operate and how to avoid them. Written my billionaire money manager and former long time Forbes columnist Ken Fisher.
Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World
by Tom Wright & Bradley Hope
Named a Best Book of 2018 by the Financial Times and Fortune, it is about the man who swindles $5 billion with the help of Goldman Sachs.
Happy reading!!!



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