skc
Goldmember
- Joined
- 12 August 2008
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Of course I'm not counting on reaping the full 30%+. I use my program to alert me early enough to participate in the buy-up into ex-div. It then depends on trading patterns (and a bit of experience) to decide whether to sell before ex, or stay on and collect the dividend.
That aside, it's only one strategy that helps earning a living.
I think big special dividends often see a bit of franking gets priced in. Although CWN was ex 80c special last week and held very well. A positive report certainly helped too. I don't know if CAB report was or wasn't positive....