Dividend, Share Price: Is there a connection?
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Re: Dividend, Share Price. Is there a connection?
Bought another parcel of CNP on the close @ 616.0 with a margin of 70%
Investment 184.8/share
Distribution announcement expected the middle of December, distribution last year was 16.0/share zero franked.
Bought another parcel of CNP on the close @ 616.0 with a margin of 70%
Investment 184.8/share
Distribution announcement expected the middle of December, distribution last year was 16.0/share zero franked.
Re: Dividend, Share Price. Is there a connection?
Sold both parcels of CNP today prior to distribution announcement.
Sold CNP today @ 645.0
Bought 2nd December @ 618.0 with a margin of 70%
Investment 185.4/share
Distribution announcement expected the middle of December, distribution last year was 16.0/share zero franked.
Gross profit 27.0/share = 14.56% return on investment. 12 days
Sold CNP today @ 645.0
Bought 8th December @ 616.0 with a margin of 70%
Investment 184.8/share
Distribution announcement expected the middle of December, distribution last year was 16.0/share zero franked.
Gross profit 29.0/share = 15.69% return on investment. 6 days
Sold both parcels of CNP today prior to distribution announcement.
Sold CNP today @ 645.0
Bought 2nd December @ 618.0 with a margin of 70%
Investment 185.4/share
Distribution announcement expected the middle of December, distribution last year was 16.0/share zero franked.
Gross profit 27.0/share = 14.56% return on investment. 12 days
Sold CNP today @ 645.0
Bought 8th December @ 616.0 with a margin of 70%
Investment 184.8/share
Distribution announcement expected the middle of December, distribution last year was 16.0/share zero franked.
Gross profit 29.0/share = 15.69% return on investment. 6 days
WaySolid
Learner
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Re: Dividend, Share Price. Is there a connection?
Guess you will be looking to get straight back in after the announcement Don?
Whats the history of the LPT's with regards their reactions to the announcements.
Cheers,
Andrew.
Guess you will be looking to get straight back in after the announcement Don?
Whats the history of the LPT's with regards their reactions to the announcements.
Cheers,
Andrew.
Re: Dividend, Share Price. Is there a connection?
G'day Andrew,
I will see what happens with CNP, but there will be about 30 LPT's report anytime from now on.....be nice to be back in at about 630.0
BWP reported today & is up 2.0/unit (1%) with a distribution of 6.19/unit, & JFM is down 0.5/unit (0.4%)
LPT's are not as sleepy as some think, if you look at SGP, MCW, CNP, CPA, GAN etc ......& all those LPT's that pay a distribution twice per year.....check out their charts. There are many that pay quarterly, so their prices don't jump as much.
rozella
G'day Andrew,
I will see what happens with CNP, but there will be about 30 LPT's report anytime from now on.....be nice to be back in at about 630.0
BWP reported today & is up 2.0/unit (1%) with a distribution of 6.19/unit, & JFM is down 0.5/unit (0.4%)
LPT's are not as sleepy as some think, if you look at SGP, MCW, CNP, CPA, GAN etc ......& all those LPT's that pay a distribution twice per year.....check out their charts. There are many that pay quarterly, so their prices don't jump as much.
rozella
Re: Dividend, Share Price. Is there a connection?
Just back from golf to find that my last parcel of BOQ was sold on the open.
Sold BOQ today on open @ 1430.0
Bought on 27th October @ 1376.0 with a margin of 70%
Investment 412.80/share
Exdiv 7th November, dividend 40.0/share fully franked 17.14/share
Gross profit 111.14/share = 26.92% return on investment. 49 days
Just back from golf to find that my last parcel of BOQ was sold on the open.
Sold BOQ today on open @ 1430.0
Bought on 27th October @ 1376.0 with a margin of 70%
Investment 412.80/share
Exdiv 7th November, dividend 40.0/share fully franked 17.14/share
Gross profit 111.14/share = 26.92% return on investment. 49 days
Re: Dividend, Share Price. Is there a connection?
Plenty to do today, we have had 36 announce distributions/dividends up to now, with still about 2 hours of reporting still to come.
Bought IPG today @ 209.9 with a margin of 70%
Investment 62.97/unit
Exdist date 22nd December, distribution 8.5/unit zero franked
Bought DUE today @ 253.0 with a margin of 65%
Investment 88.55/unit
Exdist date 22nd December, distribution 11.75/unit zero franked
Plenty to do today, we have had 36 announce distributions/dividends up to now, with still about 2 hours of reporting still to come.
Bought IPG today @ 209.9 with a margin of 70%
Investment 62.97/unit
Exdist date 22nd December, distribution 8.5/unit zero franked
Bought DUE today @ 253.0 with a margin of 65%
Investment 88.55/unit
Exdist date 22nd December, distribution 11.75/unit zero franked
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Re: Dividend, Share Price. Is there a connection?
Rozella,
Big Day on Thursday about 80% of my portfolio goes ex-div.
Michael
Rozella,
Big Day on Thursday about 80% of my portfolio goes ex-div.
Michael
michael_selway
Coal & Phosphate, thats it!
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Re: Dividend, Share Price. Is there a connection?
wow amazing! btw how many days before ex dividend do u generally buy into the stock?
Thanks
rozella said:
wow amazing! btw how many days before ex dividend do u generally buy into the stock?
Thanks
Re: Dividend, Share Price. Is there a connection?
G'day mit
Sometimes you can snag a sell at the right price on exdist day with the LPT's, but you can't count on it. At least you don't need to worry about missing out on franking with them, as most are zero franked
G'day mit
Sometimes you can snag a sell at the right price on exdist day with the LPT's, but you can't count on it. At least you don't need to worry about missing out on franking with them, as most are zero franked
Re: Dividend, Share Price. Is there a connection?
G'day Michael
I left my run a bit late with those two as I was too greedy, I would not pay the price earlier & finished up paying more. DUE may go okay as the distribution is 23.7% better than last year, but I don't count on anything running to plan, & just deal with it as it comes.
G'day Michael
I left my run a bit late with those two as I was too greedy, I would not pay the price earlier & finished up paying more. DUE may go okay as the distribution is 23.7% better than last year, but I don't count on anything running to plan, & just deal with it as it comes.
I have never been able to find a common point of entry as far a days go,...what may be the right number of days last year may be the worst this year.......when you find out let me know...ha-ha
michael_selway
Coal & Phosphate, thats it!
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Re: Dividend, Share Price. Is there a connection?
Oh ok, maybe a week or 2, or when u notice a upward trend close to the date?
btw you going to buy MXG? it went down today but also annouced 8c dividend 22/12/05 ex div i think.
rozella said:
Oh ok, maybe a week or 2, or when u notice a upward trend close to the date?
btw you going to buy MXG? it went down today but also annouced 8c dividend 22/12/05 ex div i think.
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Re: Dividend, Share Price. Is there a connection?
Hi Rozella,
Have you ever considered what the effect of using cfds woulds be. That is using them just on periods 1 and 2. They dont factor in franking credits do they? Just interested in your thoughts.
Hi Rozella,
Have you ever considered what the effect of using cfds woulds be. That is using them just on periods 1 and 2. They dont factor in franking credits do they? Just interested in your thoughts.
Re: Dividend, Share Price. Is there a connection?
G'day Milk Man,
It has been sometime since I have used CFD's......it was when CMC was called "deal for free". I ran an account at the same time as my normal marginlending account for about 18 months, but it did not work with my strategy, so I gave it away. I think CFD's are a good product for the right strategy, but it did not suit me at the time.
I keep saying to myself that I should give it another go....times change, but this time around I would ride the stock upto near the exdiv date & not stay for the dividend.
I used to have the CFD's div yields on my daily exdiv list, but when others began using it, I removed it, as it could have been misleading with telephone number yields.
They used to compensate for the franking credits as well as the dividend when they started. I suppose when they stopped paying them, & added a commission, it made my mind up to leave it.
Cheers,
G'day Milk Man,
It has been sometime since I have used CFD's......it was when CMC was called "deal for free". I ran an account at the same time as my normal marginlending account for about 18 months, but it did not work with my strategy, so I gave it away. I think CFD's are a good product for the right strategy, but it did not suit me at the time.
I keep saying to myself that I should give it another go....times change, but this time around I would ride the stock upto near the exdiv date & not stay for the dividend.
I used to have the CFD's div yields on my daily exdiv list, but when others began using it, I removed it, as it could have been misleading with telephone number yields.
They used to compensate for the franking credits as well as the dividend when they started. I suppose when they stopped paying them, & added a commission, it made my mind up to leave it.
Cheers,
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Re: Dividend, Share Price. Is there a connection?
I always sell on ex-div day so I'll be lighter on Thursday.
I've just opened an account with Macquarie CFDs to do my dividend system. I am going to go 50% CFDs and 50% margin loan. The DMA was what decided me as I like to finesse my entries and exits and you can't do that easily with a marketmaker. Note that a lot of the shares that Rozella trades would not be available with a CFD supplier.
MIT
MIT
rozella said:
I always sell on ex-div day so I'll be lighter on Thursday.
Milk Man said:
I've just opened an account with Macquarie CFDs to do my dividend system. I am going to go 50% CFDs and 50% margin loan. The DMA was what decided me as I like to finesse my entries and exits and you can't do that easily with a marketmaker. Note that a lot of the shares that Rozella trades would not be available with a CFD supplier.
MIT
MIT
Re: Dividend, Share Price. Is there a connection?
hello,
my understanding with CFD's on ex-div date is that:
if you went long (bought) you get the dividend, price will "typically" go down (move) in line with share price
if you went short (sold) you pay the dividend, price offered will "typically" go down in line with share price
cfd's are nothing more than a "punt" on the movement of a share, index etc.
regards
robots
hello,
my understanding with CFD's on ex-div date is that:
if you went long (bought) you get the dividend, price will "typically" go down (move) in line with share price
if you went short (sold) you pay the dividend, price offered will "typically" go down in line with share price
cfd's are nothing more than a "punt" on the movement of a share, index etc.
regards
robots
Re: Dividend, Share Price. Is there a connection?
Thats right robots, except that you are not compensated for franking credits. Stocks often drop div + fc on exdiv day, depending on the state of the market. I always allow for the div + fc
I have 6 going exdiv tomorrow, which will dent the margin loan a bit.
Thats right robots, except that you are not compensated for franking credits. Stocks often drop div + fc on exdiv day, depending on the state of the market. I always allow for the div + fc
I have 6 going exdiv tomorrow, which will dent the margin loan a bit.
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Re: Dividend, Share Price. Is there a connection?
Thanks for the replies guys. I was thinking of buying before the div announcement and sell just shy of ex-div. The only other way would be to hold onto zero-franked stuff. Do you reckon you have gotten better gains before or after ex-div? :bier:
Thanks for the replies guys. I was thinking of buying before the div announcement and sell just shy of ex-div. The only other way would be to hold onto zero-franked stuff. Do you reckon you have gotten better gains before or after ex-div? :bier:
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