Re: Dividend, Share Price. Is there a connection?
I totally agree with you on your strategy. I think the same way as well.
IMO, for stocks with 100% franking, usually they drop more than the div itself. From your experience, do they bounce back 2-3 weeks after ex.div? Because with my exp with WBC, after their ex div, it took them more than 2 month to recover from their previous high, which in turn actually making me losing money!
For me personally, recently I did better in dividend yield rather than the stock trading itself but I do not do all company for their div, only certain stocks that I think is good.
rozella said:I am not interested very much about the history of a stock & do not read any analyst or broker reports. I only read applicable company reports.
rozella said:In my experience, when you start to read the company reports, that is when the price has gone up and it is "a bit" too late. Do you DYOR even before the company released their annual/quarterly result ?
The basis of my strategy is The lure of the dividend gives a stock a reason to rise
I totally agree with you on your strategy. I think the same way as well.
IMO, for stocks with 100% franking, usually they drop more than the div itself. From your experience, do they bounce back 2-3 weeks after ex.div? Because with my exp with WBC, after their ex div, it took them more than 2 month to recover from their previous high, which in turn actually making me losing money!
rozella said:Dividend trading is not everyones "cup of tea" but has served me well over the last 8/9 years with very good returns.
For me personally, recently I did better in dividend yield rather than the stock trading itself but I do not do all company for their div, only certain stocks that I think is good.