Dividend, Share Price: Is there a connection?

[rozella]

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

Sold my last parcel of AFI today @ 585.0
Bought 30th July @ 589.0 with a margin of 70%
Investment 176.7/share
Exdiv date 1st August
Dividend 13.0/share fully franked 5.57/share
Gross profit 9.0/share = 5.095% return on investment, excl fc. 28 days

 

[rozella]

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

Bought SHL today @ 1495.0 with a margin of 75%
Investment 373.75/share
Exdiv 30th August
Dividend 29.0/share fully franked 12.43/share

 

[ozambersand]

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

Rozella,
Another company which is going ex-div in the next couple of days is IAG. because of recent reports its share price has gone down a lot lately but with current dividend being paid, they represent a pretty good yield.
Do you avoid companies like that because you don't trust them holding their price afterwards?
Do you also make it a practice in a volatile market to limit the time you hold the shares?

 

[rozella]

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

G'day ozambersand,

Yes IAG goes exdiv on 30th August....there are plenty to pick from atm that I would prefer, although I have a small quantity.

34 more stocks declared their dividends today so it is a busy period that will last us through to November which overlaps with the next round of cum-dividend stocks.

Do you avoid companies like that because you don't trust them holding their price afterwards?
Do you also make it a practice in a volatile market to limit the time you hold the shares?

I would rather buy a stock that has posted a better result than IAG....there are plenty to choose from atm with a higher probability that they will rise.

Volatile market or not, it is better to have a high stockturn with the same cash. i.e try to achieve the most profit in the shortest time frame & keep repeating the process. My average days open last year was 36.29 days.....some are only a day or two & others could be up to 60/70 days (which is too long)

 

[ozambersand]

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

Thanks for that reply. I am finding the hardest part is knowing when to sell. Lately have sold too soon as I am a bit jittery with what the market is going to do. I'm still a novice!
Have you noticed that Westfield is at $21.00 now? It's gone up 10% in just 20 days! (I sold ex-div day, took my dividend and ran with a bit of a loss on the trade but still made 10.4% on a one day trade!!) Maybe, this is one field where you don't want to dwell on the past (or get too greedy!!)

 

[rozella]

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

ozambersand,

For myself...I take the profits when they are there. its a 2-way street...how many times are we a bit greedy & wait for more rise, then it drops....short trades are sweet.

It also depends whether you then utilised the cash from WDC into another profitable trade.

I consider trading as though I was running a shop.....its the profits you generate at the end of each month that count & not just individual trades.

 

[rozella]

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

Bought SUN today @ 2008.0 with a margin of 75%
Investment 502.0/share
Exdiv tomorrow 30th August
Dividend 55.0/share fully franked 23.57/share

Bought FGL today on the close @ 637.0 with a margin of 80%
Investment 127.4/share
Exdiv 31st August
Dividend 13.0/share fully franked 5.57/share

 

[rozella]

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

Sold FGL today before exdiv @ 650.0
Bought 29th August @ 637.0 with a margin of 80%
Investment 127.4/share
Exdiv 31st August
Dividend 13.0/share fully franked 5.57/share
Gross profit 13.0/share = 10.2% return on investment. 1 day

 

[rozella]

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

Sold SHL today @ 1495.0
Bought 28th August @ 1495.0 with a margin of 75%
Investment 373.75/share
Exdiv 30th August
Dividend 29.0/share fully franked 12.43/share
Gross profit 29.0/share = 7.76% return on investment. 3 days

 

[rozella]

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

Sold SUN today @ 2004.0
Bought 29th August @ 2008.0 with a margin of 75%
Investment 502.0/share
Exdiv tomorrow 30th August
Dividend 55.0/share fully franked 23.57/share
Gross profit 51.0/share = 10.16% return on investment. 2 days

 

[rozella]

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

Sold WBC today @ 2720.0
Bought 23rd April @ 2709.0 with a margin of 75%
Investment 677.25/share
Exdiv 17th May
Dividend 63.0/share fully franked 27.0/share
Gross profit 101.0/share = 14.91% return on investment incl fc. 130 days

Sold GUD today on the close @ 1100.0
Bought 9th August @ 1090.0 with a margin of 65%
Investment 381.50
Exdiv 20th August
Dividend 34.0/share fully franked, 14.57/share

Gross profit 44.0/share = 11.53% return on investment. 22 days

 

[rozella]

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

Bought GWT today @ 421.0 with a margin of 70%
Investment 126.3/share
Exdiv 10th September
Dividend + special dividend 10.5/share fully franked 4.50/share
Sold today @ 433.0
Gross profit 12.0/share = 9.50% return on investment. 0.5 days

Bought AMP today @ 1045.0 with a margin of 75%
Investment 261.25/share
Exdiv 10th September
Dividend 22.0/share 85% franked 8.01/share

 

[rozella]

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

Since the dividend reporting season has taken a breather we have been ' travelling & trading' around central west NSW...Dubbo at present. We are using a Bigpond nextG mobile USB card connected to a ethermax docking station, then a ethernet switch which shares internet with 2 desktops + laptop....all works quite well providing Telstra service is available.....Moss Vale has been the only problem in the last 11 days. ISP charges with the mobile next G are very high so I have not been posting on the forum until I had some time to test the usage.

Sold SGP on 4th September @ 877.0
Bought on 18th May @ 875.0 with a margin of 80%
Investment 175.0/unit
Exdist 25th June
Distribution 22.8/unit
Gross profit 24.8/unit = 14.17% return on investment. 109 days

Sold AMP on 6th September @ 1076.0
Bought on 3rd September @ 1045.0 with a margin of 75%
Investment 261.25/share
Exdiv 10th September
Dividend 22.0/share 85% franked 8.01/share
Gross profit 31.0/share = 11.86% return on investment. 3 days

Sold GFF on 6th September @ 262.0
Bought on 4th September @ 252.0 with a margin of 70%
Investment 75.6/share
Exdiv 24th September
Dividend 7.5/share 65% franked 2.09/share
Gross profit 10.0/share = 13.22% return on investment. 2 days

 

[rozella]

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

Re-entered GFF today @ 251.0 with a margin of 70%
Investment 75.3/share
Exdiv 24th September
Dividend 7.5/share 65% franked 2.09/share

 

[rozella]

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

Bought 2 parcels of BSL today

Bought BSL today @ 1040.0 with a margin of 75%
Investment 260.0/share
Exdiv 24th September
Dividend 26.0/share fully franked 11.14/share

Bought BSL today @ 1035.0 with a margin of 70%
Investment 310.5/share
Exdiv 24th September
Dividend 26.0/share fully franked 11.14/share

 

[rozella]

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

Bought another parcel of GFF today @ 251.0 with a margin of 70%
Investment 75.3/share
Exdiv 24th September
Dividend 7.5/share 65% franked 2.09/share

Bought ZFX today @ 1580.3 with a margin of 70%
Investment 474.0/share
Exdiv 30th October
Dividend 70.0/share fully franked 30.0/share

Missed GFF at a lower price.....have been travelling & sightseeing most of the day....at Wagga Wagga atm.

 

[rozella]

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

Sold a parcel of BSL today @ 1035.0
Bought BSL 17th September @ 1035.0 with a margin of 70%
Investment 310.5/share
Exdiv 24th September
Dividend 26.0/share fully franked 11.14/share
Gross profit 26.0/share = 8.37% return on investment. 7 days

 

[rozella]

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

Sold my 2nd parcel of BSL today @ 1040.0
Bought BSL 17th September @ 1040.0 with a margin of 75%
Investment 260.0/share
Exdiv 24th September
Dividend 26.0/share fully franked 11.14/share
Gross profit 26.0/share = 10.0% return on investment. 7 days

 

[rozella]

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

Bought FCL on the close yesterday @ 225.0 with a margin of 65%
Investment 78.75/share
Exdiv 2nd October
Dividend 5.5/share, fully franked 2.36/share

 

[rozella]

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

Sold 1 parcel of GFF today @ 251.0 with the other parcel partially sold @ 251.0
Bought GFF 18th September @ 251.0 with a margin of 70%
Investment 75.3/share
Exdiv 24th September
Dividend 7.5/share 65% franked 2.09/share
Gross profit 7.5/share = 9.96% return on investment. 8 days