Dividend, Share Price: Is there a connection?

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold CSR today on the open @ 261.0
Bought 31st May @ 252.0 with a margin of 70%
Investment 75.60/share
Exdiv 7th June, dividend 6.0/share fully franked 2.57/share
Gross profit 17.57/share = 23.24% return on investment. 7 day trade.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Finally re-entered SGB on the close today @ 2605.0 with a margin of 75%
Investment 651.25/share
exdiv date 14th June. Dividend 67.0/share fully franked 28.71/share

Bought AWB yesterday @ 447.0 which fell like a stone today.
Stoploss is 433.0, closed @ 429.0 exdiv is this Friday so I decided to see how the open is tomorrow......wrong decision I think, going against the rules.....reason is it fell to 419.0 & recovered to 429.0

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold a parcel of WDC today @ 1726.0
Bought 18th January @ 1721.0 with a margin of 75% Investment 430.25/share
Dividend 52.03/share franked to 8.6% 1.62/share
Gross profit 58.65/share =13.63% return on investment. 141 day trade.

While typing sold another parcel of WDC today @ 1730.0
Bought 18th January @ 1721.0 with a margin of 75% Investment 430.25/share
Dividend 52.03/share franked to 8.6% 1.62/share
Gross profit 62.65/share =14.56% return on investment. 141 day trade.

One more parcel to go that I bought on 27th January @ 1730.0......order not in yet.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold last parcel of WDC today @ 1744.0 Bought 27th January @ 1730.0 with a margin of 75%. Investment 432.50/share.
Dividend 52.03/share franked to 8.6% 1.62/share
Gross profit 67.65/share =15.64% return on investment. 141 day trade.

end of a long saga

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Just bought another parcel of SGB @ 2623.0 (now 2619...always the way) with a margin of 75%. Investment 655.75/share. Goes exdiv next Tuesday 14th June....last day to buy today. Dividend 67.0/share fully franked 28.71/share.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold my last parcel of WBC today @ 1967.0 Bought 29th April @ 1939.0 with a margin of 75% Investment 484.75/share.
Exdiv date 1st June
Dividend was 49.0/share fully franked 21.0
Gross profit 98.0/share = 20.21% return on investment. 47 day trade.

 

[Warren Buffet II]

Re: Dividend, Share Price. Is there a connection?

Sold my last parcel of WBC today @ 1967.0 Bought 29th April @ 1939.0 with a margin of 75% Investment 484.75/share.
Exdiv date 1st June
Dividend was 49.0/share fully franked 21.0
Gross profit 98.0/share = 20.21% return on investment. 47 day trade.

Hi Rozella,

Excellent thread and fantatic performance, I think you are the one doing the best strategy in this forum. I have followed your entries every time so keep posting.

I have one question for you, I know you use a Margin Leading account and I do not know much about it but I was wondering if you take a Margin loan say for $50.000 and you use only $20.000, do you pay interest on the whole loan or just what you have used? Do you have to pay a fee everytime you use you loan money?

Regards,

WBII

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

G'day Warren Buffet II,

I was wondering if you take a Margin loan say for $50.000 and you use only $20.000, do you pay interest on the whole loan or just what you have used?

Only what you use.....marginlenders vary a little with the interest & the two I use are 8.4% p.a. All my brokerage & interest is capitalised to the margin loan.

Do you have to pay a fee everytime you use you loan money?

Not a cent extra, although some brokers want to charge you extra. I believe Comsec adds another $10 to the brokerage if you use a margin loan.

rozella

 

[RodC]

Re: Dividend, Share Price. Is there a connection?

That's right, Comsec charge $10 for each transaction on the margin loan. But having the margin loan gives you their discounted brokerage rate ($19.95 for less than $10K), so it works out about the same.

Rod.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Bought MAP today @ 360.69 with a margin of 70% Investment 108.207/share.
Exdistribution 24th June, dividend declared 11.0 zero franked.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Bought MIG today @ 420.0 with a margin of 70% Investment 126.0/share
Exdistribution 24th June, distribution 13.75 franking TBA.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold a parcel of SGB today @ 2626.0 Bought 7th June @ 2605.0 with a margin of 75%
Investment 651.25/share
exdiv date 14th June. Dividend 67.0/share fully franked 28.71/share
Gross profit 116.71/share = 17.92% return on investment

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Bought DRT back again today (higher than expected) @ 144.5 with a margin of 70%
Investment 43.35/share.
Exdist 24th June, distribution 5.3/share, zero franked.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Bought back into CPA again @ 135.5 with a margin of 70% Investment 40.62/share
Exdist 24th June, distribution 4.8/share, zero franked.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Bought another parcel of DRT today @ 143.0 with a margin of 70%
Investment 42.9/share
Exdist 24th June, distribution 5.3/share, zero franked.

Re-entered GAN today @ 171.0 with a margin of 70%
Investment 51.3/share
Exdist 24th June. distribution 5.31/share, zero franked.

Bought MCW today @ 201.0 with a margin of 70%
Investment 60.3/share
Exdiv 24th June, distribution 7.4/share, zero franked.

Bought TEN today @ 400.0 with a margin of 70%
Investment 120.0/share
Exdiv 27th June, dividend 9.0/share, fully franked.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Bought TSO today @ 219.0 with a margin of 65% Investment 76.65/share
Exdist 24th June, distribution 9.25/share, zero franked.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold AWB on the close @ 450.0
Bought 6th June @ 447.0 with a margin of 70%
Investment 134.1/share.
Exdiv 10th June, dividend 16.0/share fully franked
Gross profit 19.0/share = 14.17% return on investment (franking not incl). 17 day trade.

Bought CNP on the close today @ 610.0 with a margin of 70%
Investment 183.0/share
Exdist 24th June, distribution 17.6/share, zero franked.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

What a day to have 11 stocks go exdiv......none have hit stops yet after dividend adjustment, but MAP & CPA are close....all are LPT's. XAO down 34.0 points atm

Got lucky & sold a small parcel of SGP today @ 570.0 (pays to have orders in first thing on exdiv day & don't be greedy....sometimes you can catch a blip)
Bought 19th April @ 570.0 with a margin of 70%. Investment 171.0/share.
Exdist today
Distribution 19.6/share franking TBA
Gross profit 19.6/share = 11.46% return on investment. 66 days

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold MIG today @ 422.0
Bought 17th June @ 420.0 with a margin of 70%
Investment 126.0/share
Exdistribution 24th June, distribution 13.75 franking TBA.
Gross profit 15.75/share = 12.5% return on investment. 12 day trade

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold my last parcel of SGB today @ 2627.0
Bought 10th June @ 2623.0 with a margin of 75%.
Investment 655.75/share. Exdiv 14th June.
Dividend 67.0/share fully franked 28.71/share.
Gross profit 71.0/share = 10.83% return on investment, excluding franking.
20 day trade