Re: Dividend, Share Price. Is there a connection?
If I added in the pending dividends, then the equity chart would not look so savage, however, this will start to catch up in August as all those dividends are paid....there is a considerable amount plus the new reporting season will keep it topped up.
The equity chart follows the liquid cash if the portfolio is cashed out. The pending dividends are guaranteed but not received & not included in the chart. If I was using CFD's the the equity chart would have the dividends included as they are paid to compensate on exdiv day.
On the 26th June 2006 we had 14 stocks quoted exdividend, so it was unfortunate to have a double whammy of a correction + exdivs, however, divs will be paid shortly & for those that trade dividends, they will know that we have pushed profits into the next FY by doing this.
robot, you are referring to the end of day strategy that is shown on my website, & MS you are refering to my own personal trades that I post on the forum.....two different strategies using the same pool of stocks.
MS said
Cheers,
G'day robots & MS,robots said:
If I added in the pending dividends, then the equity chart would not look so savage, however, this will start to catch up in August as all those dividends are paid....there is a considerable amount plus the new reporting season will keep it topped up.
The equity chart follows the liquid cash if the portfolio is cashed out. The pending dividends are guaranteed but not received & not included in the chart. If I was using CFD's the the equity chart would have the dividends included as they are paid to compensate on exdiv day.
On the 26th June 2006 we had 14 stocks quoted exdividend, so it was unfortunate to have a double whammy of a correction + exdivs, however, divs will be paid shortly & for those that trade dividends, they will know that we have pushed profits into the next FY by doing this.
robot, you are referring to the end of day strategy that is shown on my website, & MS you are refering to my own personal trades that I post on the forum.....two different strategies using the same pool of stocks.
MS said
We have certainly had bearish periods & disasters over the past 8/9 years since I have been trading this way, however, I have been able to make a decent living from trading cum-dividend stocks during that time.
Cheers,