Dividend, Share Price: Is there a connection?

[robots]

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

hello rozella,

love the report

do you see CFD's as an alternative to margin loan?

if one was starting, could they use CFD's for the dividend trading as opposed to margin loan?

being self-employed I get nowhere with the banks/margin loan providers

thankyou
robots

 

[rozella]

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

G'day robots,

I am using both conventional marginlending & cfds with the dividend strategy & from my experience, marginlending is certainly much easier.

With cfds you need to have a good self imposed buffer, a tight stoploss & plenty of discipline. If you can do that, it is a good start. Cfds are a good product for disciplined traders & it is possible to do very well with them. If you are not disciplined, most of your cash will be gone in no time.

If you do start with cfds, do it with the minimum deposit allowable, try with about 4 stocks keeping a good buffer, until you learn the mechanics in real time. After about 3 to 6 months if you have learnt your lessons well, then maybe add some more to the pot. Usually the minimum start with a provider is about $5000.

Being self-employed should be no problem with marginlenders, I have been self-employed almost all of my working life & did not have any problem.

I prefer to use people like Leveraged Equities & BT Equities & I find both very good.

 

[rozella]

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

Bought IPG today @ 231.0 with a margin of 70%
Investment 69.30/unit
Distribution announcement expected about 15th December.
Ex-distribution expected 21st December
Last years distribution was 8.45/unit zero franked

 

[rozella]

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

Sold CFX today @ 206.0
Bought 12th October @ 200.0 with a margin of 70%
Investment 60.0/unit
Distribution estimate expected 15th December, exdist expected 21st December.
Distribution last year was 5.46/unit zero franked.
Gross profit 6.0/unit = 10.0% return on investment. 36 days.

I will place another buy order around the 200.0/202.0 on Monday & sit. I was out all day & missed todays trading.....but happy with the results, although I missed placing a sell order on MCG.

 

[rozella]

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

Sold IPG today @ 241.0
Bought 15th November @ 231.0 with a margin of 70%
Investment 69.30/unit
Distribution announcement expected about 15th December.
Ex-distribution expected 21st December
Last years distribution was 8.45/unit zero franked
Gross profit 10.0/unit = 14.43% return on investment. 6 days

 

[rozella]

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

Sold MCW today @ 208.0
Bought 26th October @ 200.0 with a margin of 65%
Investment 70.0/share
Estimated distribution announcement expected around 18th December.
exdist expected 21st December, last years dist was 7.6/unit, zero franked
Gross profit 8.0/unit = 11.42% return on investment. 26 days

 

[rozella]

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

Sold DRT today @ 170.5.....a bit early as usual, but as planned.
Bought 17th October @ 165.0 with a margin of 70%
Investment 49.5/unit
Estimated distribution announcement expected 18th December.
exdist expected 21st December, last years dist was 5.45/unit, zero franked
Gross profit 5.5/unit = 11.11% return on investment. 36 days

 

[rozella]

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

Sold SGP today @ 791.0
Bought 9th November @ 770.0 with a margin of 70%
Investment 231.0/unit
Estimated distribution announcement expected around 18th December.
exdist expected 21st December, last years dist was 20.5/unit, 21.98% franked 1.93/unit
Gross profit 21.0/unit = 9.09% return on investment. 13 days

 

[rozella]

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

Sold MCG today @ 644.0
Bought 25th October @ 624.0 with a margin of 65%
Investment 218.4/unit
Distribution announcement expected around 19th December.
Exdistribution expected 21st December
Last years distribution was 19.5/unit, zero franked.
Gross profit 20.0/unit = 9.15% return on investment. 28 days

 

[rozella]

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

Sold WBC today @ 2433.0......one of my oldest holdings.....it is not a good trade even though it has been held through 2 dividend periods.....interest eats up too much on these longer holdings with the dividend strategy & the cash would be utilised much better by selling earlier & moving on to a more lucrative deal.
Bought 4th May 2006 @ 2436.0 with a margin of 75%
Investment 609.0/share
Exdiv 1st June, dividend 56.0/share, fully franked 24.0/share.
Exdiv 16th December, dividend 60.0/share, fully franked 25.71/share.
Gross profit 162.71/share = 26.72% return on investment, incl fc. 203 days
Interest = 90.43/share
Net profit = 72.28/share = 11.86% net return on investment.

 

[rozella]

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

Bought another parcel of SGB today @ 3362.0 with a margin of 75%
Investment 840.5/share
Exdiv 29th November, dividend 77.0/share fully franked 33.0/share

 

[rozella]

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

Re-entered IPG today @ 242.0 with a margin of 70%
Investment 72.6/unit
Distribution announcement expected about 15th December.
Ex-distribution expected 21st December
Last years distribution was 8.45/unit zero franked

 

[rozella]

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

Re-entered MCG today @ 626.0 with a margin of 65%
Investment 219.1/unit
Distribution announcement expected around 19th December.
Exdistribution expected 21st December
Last years distribution was 19.5/unit, zero franked.

 

[rozella]

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

Re-entered SGP today @ 781.0 with a amargin of 70%
Investment 234.3/unit
Estimated distribution announcement expected around 18th December.
exdist expected 21st December, last years dist was 20.5/unit, 21.98% franked 1.93/unit

 

[rozella]

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

Re-entered DRT yesterday @ 168.5 with a margin of 70%
Investment 50.55/unit
Estimated distribution announcement expected 18th December.
exdist expected 21st December, last years dist was 5.45/unit, zero franked

Re-entered MCW yesterday @ 203.0 with a margin of 65%
Investment 71.05/unit
Estimated distribution announcement expected around 18th December.
exdist expected 21st December, last years dist was 7.6/unit, zero franked

 

[rozella]

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

Sold MCG today @ 646.0
Bought 28th November @ 626.0 with a margin of 65%
Investment 219.1/unit
Distribution announcement expected around 19th December.
Exdistribution expected 21st December
Last years distribution was 19.5/unit, zero franked.
Gross profit 20.0/unit = 9.13% return on investment. 10 days.

Will try to re-enter around 626.0 next week.

 

[rozella]

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

Re-entered MCG today @ 626.0 with a margin of 65%
Investment 219.10/unit
Distribution announcement expected around 19th December.
Exdistribution expected 21st December
Last years distribution was 19.5/unit, zero franked.

 

[rozella]

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

Sold MCW on the open today @ 212.0
Bought 5th December @ 203.0 with a margin of 65%
Investment 71.05/unit
Estimated distribution announcement expected around 18th December.
exdist expected 21st December, last years dist was 7.6/unit, zero franked
Gross profit 9.0/unit = 12.67% return on investment. 9 days

 

[rozella]

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

Sold SGP today @ 802.0
Bought 30th November @ 781.0 with a margin of 70%
Investment 234.3/unit
Estimated distribution announcement expected around 18th December.
exdist expected 21st December, last years dist was 20.5/unit, 21.98% franked 1.93/unit
Gross profit 21.0/unit = 8.96% return on investment.

 

[rozella]

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

Sold DRT today @ 175.0
Bought 4th December @ 168.5 with a margin of 70%
Investment 50.55/unit
Distribution announcement 18th December.
Exdist 21st December, distribution 5.60/unit, zero franked
Gross profit 6.5/unit = 12.86% return on investment. 15 days