Dividend, Share Price: Is there a connection?

[Seneca60BC]

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

Hi Rozella

You seem to have one fine system in place - however can you please report your NET returns rather than your GROSS - i like to see it like its money in my pocket after all expenses.

Cheers!

 

[rozella]

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

G'day Seneca60BC,

My overheads (office expenses) are not relevant to everyone & also I am a creature of habit & loath changes, however, if you wish to spend the time & do the calculations for just the brokerage & interest, then work on $33/trade (no limit) & 10% p.a. interest average. Trades vary between $30k & $100k.....depending on the volume that stocks trade in a day.

Cheers,

 

[Seneca60BC]

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

Ahh ok - yea it sounds like too much work.

Cheers!

 

[michael_selway]

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

I'm quite happy with the strategy Michael, especially this August & September.

Is there a problem with my post that you quoted, that prompted you to comment, other than not picking the tops & bottoms ?

Hi Rozella, can you please tell us how your dividend "strategy" is working now, esp now when we are in a "true" bear market?

thx

MS

 

[rozella]

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

It is very slow Michael

 

[rozella]

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

Bought BOQ yesterday @ 1310.0 with a 70% margin
Investment 393.0/share
Exdiv 7th November
Dividend declared 38.0/share fully franked

Bought ENV yesterday @ 63.5 with a margin of 65%
Investment 22.225/share
Exdist 7th November
Distribution 4.5/unit zero franked

 

[rozella]

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

Sold BOQ today @ 1360.0
Bought 4th November @ 1310.0 with a 70% margin
Investment 393.0/share
Exdiv 7th November
Dividend declared 38.0/share fully franked
Gross profit 50.0/share = 12.72% return on investment. 1 day

 

[furiouswilly]

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

Sold BOQ today @ 1360.0
Bought 4th November @ 1310.0 with a 70% margin
Investment 393.0/share
Exdiv 7th November
Dividend declared 38.0/share fully franked
Gross profit 50.0/share = 12.72% return on investment. 1 day

Sorry iam a beginner, this may be a silly question for u, for instant u bought BOQ today n sold it hour later, will u able to get the exdiv on 7th November?

if the exdiv date is 7 th November , when is the last day to buy the shares and when i can sell it? if i buy it today, and sell it on 7 th November is that ok? or if i buy it on 7th n sell it on same day , will i entitle to receive the dividend?

and also the pay date usually listed is a month after the exdiv date, so when they actually pay us the dividend? straightaway or have to wait until the pay date?

Many thanks

furiouswilly

 

[rozella]

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

G'day furiouswilly,

Sorry iam a beginner, this may be a silly question for u, for instant u bought BOQ today n sold it hour later, will u able to get the exdiv on 7th November?

No.

f the exdiv date is 7 th November , when is the last day to buy the shares and when i can sell it? if i buy it today, and sell it on 7 th November is that ok? or if i buy it on 7th n sell it on same day , will i entitle to receive the dividend?

Last time to buy to be entitled to the dividend will be on the close 6th November (today)

Then the earliest I can sell & still be entitled to the dividend is on the open on the 7th November (tomorrow)

and also the pay date usually listed is a month after the exdiv date, so when they actually pay us the dividend? straightaway or have to wait until the pay date?

They pay on the date nominated in the report....in this case with BOQ it is the 24th November. CFDs will pay on the 7th November (exdiv date)

 

[rozella]

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

Sold ENV @ 67.5 on the 6th November
Bought ENV on the 4th November @ 63.5 with a margin of 65%
Investment 22.225/share
Exdist 7th November
Distribution 4.5/unit zero franked
Gross profit 4.0/share = 18.0% return on investment. 2 days

 

[rozella]

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

Bought SGP today @ 412.0 with a margin of 80%
Investment 82.4/unit
Distribution announcement expected about 18th December
Exdist expected 23rd December
Last years distribution was 22.6/unit 2.25% franked

 

[rozella]

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

Bought BWP today @ 150.0 with a margin of 70%
Investment 45.0/unit
Distribution announcement expected about 12th December
Exdist expected 23rd December
Last years distribution was 6.55/unit zero franked

 

[rozella]

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

Sold BWP today at average 158.4/unit
Bought 7th November @ 150.0 with a margin of 70%
Investment 45.0/unit
Distribution announcement expected about 12th December
Exdist expected 23rd December
Last years distribution was 6.55/unit zero franked
Gross profit 8.4/unit = 18.67% return on investment. 3 days

 

[rozella]

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

Re-entered ENV on the close today @ 57.5 with a margin of 65%
Investment 20.125/unit
Post distribution 7th November

 

[furiouswilly]

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

Re-entered ENV on the close today @ 57.5 with a margin of 65%
Investment 20.125/unit
Post distribution 7th November

should we buy any stock at this time? seem going down everyday

 

[awg]

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

i have question relating to ex-dividend date.

how is this determined and how far in advance is it notified, and by what means.
ie company announcement.

I have used the ASX website, and taken the data from previous years ex-div date to give me an indication, but i know it can vary from year to year.

I am presuming there is a Company announcement.

maybe I will just have to subscribe to Rozellas newsletter

but am posting this question also for the benefit of others who also may wish to know

 

[skc]

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

Here are several sources that may be helpful... but none of them are necessarily complete or always up to date. I guess that's why Rozella has a business

http://www.egoli.com.au/epiServer/Templates/Public/Pages/Page2.aspx?id=23572&epslanguage=en - Look for dividend calendar by date / code.

http://www.investorsnetwork.com.au/research_channel/calendar_book/ex_dividend.php

http://www.brr.com.au/partner/asx/filter/upcoming

For US stocks - http://www.dividend.com/ex-dividend-dates.php

Some companies only release distribution and ex-div dates 7-10 days before, like the recent announcements by the suite of ING funds. Some of the Macquarie funds should hopefully be announcing their numbers over the next week or so. But otherwise, last year dates are your best guide.

 

[WaySolid]

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

How is trading treating you in 09 Rozella, curious about the latest update, it's been a savage bear market since the top.

 

[Pairs Trader]

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

Ive seen research of a dividend-share price connection. Stocks that have fully franked dividends of 4% of more and that are in the 90th percentile of relative strength and reasonably valued using PEG or PB tend to outperform the market in the several months leading up to ex-dividend by about 3-4%. Its the run up before the ex-dividend date that is profitable not payment of the actual dividend.

 

[Bill M]

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

Ive seen research of a dividend-share price connection. Stocks that have fully franked dividends of 4% of more and that are in the 90th percentile of relative strength and reasonably valued using PEG or PB tend to outperform the market in the several months leading up to ex-dividend by about 3-4%. Its the run up before the ex-dividend date that is profitable not payment of the actual dividend.

I'm not trying to be funny but what happened to Telstra? It's gone from $3.80 to $3.40 in a week and it goes ex dvi tomorrow.