Dividend, Share Price: Is there a connection?
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Re: Dividend, Share Price. Is there a connection?
Bought AGL today @1431.0 with a margin of 70%
Investment 429.3/share
Exdiv 9th September, dividend 32.0/share fully franked 13.71/share
My fingers & brain are not connected again, the ADB purchase should read, Investment 378.90/share, not 389.90/share
Bought AGL today @1431.0 with a margin of 70%
Investment 429.3/share
Exdiv 9th September, dividend 32.0/share fully franked 13.71/share
My fingers & brain are not connected again, the ADB purchase should read, Investment 378.90/share, not 389.90/share
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Re: Dividend, Share Price. Is there a connection?
Is TLS paying the special dividend & the regular div on 31 Oct ?, if so the yeild is looking pretty good at today's price.
Overall investment not so good if the SP goes to $3, like Burgess is spruiking.
Is TLS paying the special dividend & the regular div on 31 Oct ?, if so the yeild is looking pretty good at today's price.
Overall investment not so good if the SP goes to $3, like Burgess is spruiking.
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Re: Dividend, Share Price. Is there a connection?
Hi Rozella,
There is an interesting debate going on as to whether a trader can claim interest expenses on borrowings at http://www.number.com.au/forum/viewtopic.php?t=126&sid=8ed8c5ffd10deac24731a0ec7c5d3c8a (need to scroll down a couple of posts).
If you are registered as a trader, just wondering how you interpret the ATO's fact sheet as interest on borrowings would be a major expense for you. Would appreciate any insight!
Margaret.
Hi Rozella,
There is an interesting debate going on as to whether a trader can claim interest expenses on borrowings at http://www.number.com.au/forum/viewtopic.php?t=126&sid=8ed8c5ffd10deac24731a0ec7c5d3c8a (need to scroll down a couple of posts).
If you are registered as a trader, just wondering how you interpret the ATO's fact sheet as interest on borrowings would be a major expense for you. Would appreciate any insight!
Margaret.
Re: Dividend, Share Price. Is there a connection?
G'day sails,
Thanks for pointing me to the discussion, I don't agree with Paul, & obviously my accountant does not either, but I will look into it further. I have a trader/friend visiting me for the day, so I am a little restricted with time atm.
G'day sails,
Thanks for pointing me to the discussion, I don't agree with Paul, & obviously my accountant does not either, but I will look into it further. I have a trader/friend visiting me for the day, so I am a little restricted with time atm.
Re: Dividend, Share Price. Is there a connection?
Well I only had a quick look at the site but the guy seems like a clown.
His opening post he states that an investor gets a CGT reduction on a dividend. Umm dividends are not CG and are treated equally no matter what your clasification. I wouldn't hold much credit to any of what he says personally.
Well I only had a quick look at the site but the guy seems like a clown.
His opening post he states that an investor gets a CGT reduction on a dividend. Umm dividends are not CG and are treated equally no matter what your clasification. I wouldn't hold much credit to any of what he says personally.
Re: Dividend, Share Price. Is there a connection?
Sold SSX today @ 157.5
Bought 5th September @ 152.5 with a margin of 65%
Investment 53.375/share
Exdiv 19th September, dividend 4.5/share fully franked 1.93/share
Gross profit 5.0/share = 9.368% return on investment. 2 day trade
Will re-enter if situation permits
Sold SSX today @ 157.5
Bought 5th September @ 152.5 with a margin of 65%
Investment 53.375/share
Exdiv 19th September, dividend 4.5/share fully franked 1.93/share
Gross profit 5.0/share = 9.368% return on investment. 2 day trade
Will re-enter if situation permits
Re: Dividend, Share Price. Is there a connection?
Sold ADB today @ 1307.0
Bought 2nd September @ 1263.0 with a margin of 70%
Investment 389.90/share
exdiv 26th September, dividend 29.0/share fully franked 12.43/share.
Gross profit 44.0/share = 11.285% return on investment. 5 day trade.
Will re-enter if situation permits
Sold ADB today @ 1307.0
Bought 2nd September @ 1263.0 with a margin of 70%
Investment 389.90/share
exdiv 26th September, dividend 29.0/share fully franked 12.43/share.
Gross profit 44.0/share = 11.285% return on investment. 5 day trade.
Will re-enter if situation permits
Re: Dividend, Share Price. Is there a connection?
Sold a parcel of WAN today @ 841.0
Bought 3rd August @ 839.5 with a margin of 70% Investment 251.85/share.
exdiv date expected 12th September.
dividend was 23.0/share fully franked 9.86/share.
Gross profit 24.5/share = 9.73% return on investment franking excluded. 41 days
Sold a parcel of WAN today @ 841.0
Bought 3rd August @ 839.5 with a margin of 70% Investment 251.85/share.
exdiv date expected 12th September.
dividend was 23.0/share fully franked 9.86/share.
Gross profit 24.5/share = 9.73% return on investment franking excluded. 41 days
Re: Dividend, Share Price. Is there a connection?
Sold AGL on the open @ 1439.0
Bought 5th September @ 1431.0 with a margin of 70%
Investment 429.3/share
Exdiv 9th September, dividend 32.0/share fully franked 13.71/share
Gross profit 40.0/share = 9.32% return on investment. fc excluded. 9 days
Sold AGL on the open @ 1439.0
Bought 5th September @ 1431.0 with a margin of 70%
Investment 429.3/share
Exdiv 9th September, dividend 32.0/share fully franked 13.71/share
Gross profit 40.0/share = 9.32% return on investment. fc excluded. 9 days
Re: Dividend, Share Price. Is there a connection?
Sold last parcel of WAN today @ 850.0
Bought 3rd August @ 848.0 with a margin of 70%. Investment 254.4/share.
exdiv date 12th September.
dividend was 23.0/share fully franked 9.86/share.
Gross profit 25.0/share = 9.83%return on investment. fc excluded 42 days
Sold last parcel of WAN today @ 850.0
Bought 3rd August @ 848.0 with a margin of 70%. Investment 254.4/share.
exdiv date 12th September.
dividend was 23.0/share fully franked 9.86/share.
Gross profit 25.0/share = 9.83%return on investment. fc excluded 42 days
Re: Dividend, Share Price. Is there a connection?
Bought SBC today in a mixed lot (all but 134 on the top of the bids....will cancel the balance in the morning) @ an average of 1462.4/share with a margin of 65%
Investment 511.84/share
Exdiv 28th September, dividend 33.0/share fully franked 14.14/share
Bought SBC today in a mixed lot (all but 134 on the top of the bids....will cancel the balance in the morning) @ an average of 1462.4/share with a margin of 65%
Investment 511.84/share
Exdiv 28th September, dividend 33.0/share fully franked 14.14/share
Re: Dividend, Share Price. Is there a connection?
Bought another parcel of SBC today @ 1468.0 with a margin of 65%
Investment 513.80/share
Exdiv 28th September, dividend 33.0/share fully franked 14.14/share
Sold SSX today @ 153.5
Bought 9th September @ 153.0 with a margin of 65%
Investment 53.55/share
Exdiv 19th September, dividend 4.5/share fully franked 1.93/share
Gross profit 5.0/share = 9.34% return on investment. fc excluded. 10 day trade
Bought another parcel of SBC today @ 1468.0 with a margin of 65%
Investment 513.80/share
Exdiv 28th September, dividend 33.0/share fully franked 14.14/share
Sold SSX today @ 153.5
Bought 9th September @ 153.0 with a margin of 65%
Investment 53.55/share
Exdiv 19th September, dividend 4.5/share fully franked 1.93/share
Gross profit 5.0/share = 9.34% return on investment. fc excluded. 10 day trade
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Re: Dividend, Share Price. Is there a connection?
Damn Don, I should have started my dividend trading plan with warrants last week on SSX. I was just looking at them then. I thought ex-div was tomorrow.
Bought some PMN though. Will see how that goes. It all looks dandy on paper. Gonna sign up at etrade too so I can get the trailing stop losses. I need a system going.
John
Damn Don, I should have started my dividend trading plan with warrants last week on SSX. I was just looking at them then. I thought ex-div was tomorrow.
Bought some PMN though. Will see how that goes. It all looks dandy on paper. Gonna sign up at etrade too so I can get the trailing stop losses. I need a system going.
John
Re: Dividend, Share Price. Is there a connection?
G'day The Estimator,
Yes, SSX is one that has come back to just above buy price on exdiv day....they don't all do that.
I made good $$$'s in short time on this one in two trades.
Sold SSX today (7th Sept) @ 157.5
Bought 5th September @ 152.5 with a margin of 65%
Investment 53.375/share
Exdiv 19th September, dividend 4.5/share fully franked 1.93/share
Gross profit 5.0/share = 9.368% return on investment. 2 day trade
Will re-enter if situation permits
Then todays trade
Sold SSX today (19th Sept) @ 153.5
Bought 9th September @ 153.0 with a margin of 65%
Investment 53.55/share
Exdiv 19th September, dividend 4.5/share fully franked 1.93/share
Gross profit 5.0/share = 9.34% return on investment. fc excluded. 10 day trade.
I prefer to take a profit when it is there, i.e. I set out to make the dividend my profit, so if the stock rises an amount approximately equal to the dividend, then flattens out, I sell & re-enter on a low day. SSX is a good example, but sometimes this can be done 3 or 4 times within 3/4 weeks. Recent examples are WAN & ADB
rozella
G'day The Estimator,
Yes, SSX is one that has come back to just above buy price on exdiv day....they don't all do that.
I made good $$$'s in short time on this one in two trades.
Sold SSX today (7th Sept) @ 157.5
Bought 5th September @ 152.5 with a margin of 65%
Investment 53.375/share
Exdiv 19th September, dividend 4.5/share fully franked 1.93/share
Gross profit 5.0/share = 9.368% return on investment. 2 day trade
Will re-enter if situation permits
Then todays trade
Sold SSX today (19th Sept) @ 153.5
Bought 9th September @ 153.0 with a margin of 65%
Investment 53.55/share
Exdiv 19th September, dividend 4.5/share fully franked 1.93/share
Gross profit 5.0/share = 9.34% return on investment. fc excluded. 10 day trade.
I prefer to take a profit when it is there, i.e. I set out to make the dividend my profit, so if the stock rises an amount approximately equal to the dividend, then flattens out, I sell & re-enter on a low day. SSX is a good example, but sometimes this can be done 3 or 4 times within 3/4 weeks. Recent examples are WAN & ADB
rozella
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