Dividend, Share Price: Is there a connection?

[rozella]

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

Bought WBC today @1845.0 with a margin of 75% Investment 461.25/share.
Profit announcement expected 5th May with exdiv date expected 1st June.
Last years dividend was 42.0/share fully franked.

rozella

 

[rozella]

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

ANZ reported today & I bought another parcel on the open @ 2063.0 with a margin of 75%
Investment 515.75/share. Dividend declared today 51.0/share fully franked 21.857/share
Exdiv date 16th May.

rozella

 

[rozella]

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

Sold ANZ in previous post @ 2114.0 today. Bought @ 2063.0 with a margin of 75%.
Investment 515.75/share.
Gross profit 51.0/share = 9.89% return on investment. 0.5 day trade
Wait for another entry

rozella

 

[rozella]

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

Its been a good week for me although the market overall is looking sad. LPT's & banks are up.

Sold 3 parcels of AGL today
1. sold AGL @ 1430.0 Bought 22nd February @ 1395.0 with a 70% margin.
Investment 418.75/share. Exdiv 7th march, div 61.0/share 90.168% franked 23.57/share,
return of capital 50.0/share.
Gross profit 169.57/share = 40.49% 66 days

2. sold AGL @ 1431.0 Bought 2nd March @ 1431.0 with a 70% margin.
Investment 429.3/share. Exdiv 7th march, div 61.0/share 90.168% franked 23.57/share,
return of capital 50.0/share.
Gross profit 134.57/share = 31.34% 58 days

3. sold AGL @ 1430.0 Bought 5th April @ 1430.0 with a 70% margin.
Investment 429.0/share.
return of capital 50.0/share.
Gross profit 50.0/share = 11.65% 24 days

rozella

 

[rozella]

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

Bought WBC today @ 1939.0 with a margin of 75% Investment 484.75/share.
Profit announcement expected 5th May. Last years div was 42.0/share fully franked 18.0

Bought SGB on the close @ 2475.0 with a margin of 75% Investment 618.75/share.
Profit announcement expected 3rd May. Last years div was 60.0/share fully franked 25.71

rozella

 

[rozella]

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

Bought another parcel of DRT today @ 130.0 with a margin of 70% Investment 39.0/share
Profit announcement expected 21st June with exdist expected 24th June.
This period last year the trusts had not merged (DDF, DOT, & DIT), but I expect the distribution to be around 5.1 to 5.3 per unit zero franked. June was 5.2

Bought another parcel of SGP today @ 584.0 with a margin of 70% Investment 175.2/share
Profit announcement expected 17th June with exdist expected 24th June.
Last years distribution was 19.0/share franked to 21.579%

rozella

 

[rozella]

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

Bought another parcel of GAN today @ 158.0 with a margin of 70%
Investment 47.4/share.
Profit announcement expected 21st June with exdist expected 24th June.
Last years distribution was 5.06/share zero franked.

rozella

 

[rozella]

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

Bought CPA today @ 126.0 with a margin of 70%
Investment 37.8/share.
Profit announcement expected 21st June with exdist expected 24th June.
Last years distribution was 4.8/share zero franked.

rozella

 

[rozella]

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

Topsy turvy week again, but finished on a good note today.

Took some profits on banks today.

Sold ANZ @ 2187.0 Bought 8th April @ 2085.0 with a margin of 75%
Investment 521.25/share.
exdiv date 16th May. Dividend 51.0/share fully franked 21.85/share.
Gross profit 102.0/share = 19.57% return on investment. 28 day trade.

Sold SGB @ 2495.0 Bought 20th April @ 2390.0 with a margin of 75%
Investment 597.50/share.
exdiv date 14th June. Dividend 67.0/share fully franked 28.71/share
Gross profit 105.0/share = 17.57% return on investment. 16 day trade.

Sold WBC @ 1935.0 Bought 22nd April @1845.0 with a margin of 75%
Investment 461.25/share.
exdiv date 1st June. Dividend 49.0/share fully franked 21.0/share
Gross profit 90.0/share = 19.51% return on investment. 14 day trade.

I will re-enter for the div if prices drop back.

rozella

 

[DTM]

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

Topsy turvy week again, but finished on a good note today.

Took some profits on banks today.

Sold ANZ @ 2187.0 Bought 8th April @ 2085.0 with a margin of 75%
Investment 521.25/share.
exdiv date 16th May. Dividend 51.0/share fully franked 21.85/share.
Gross profit 102.0/share = 19.57% return on investment. 28 day trade.

Sold SGB @ 2495.0 Bought 20th April @ 2390.0 with a margin of 75%
Investment 597.50/share.
exdiv date 14th June. Dividend 67.0/share fully franked 28.71/share
Gross profit 105.0/share = 17.57% return on investment. 16 day trade.

Sold WBC @ 1935.0 Bought 22nd April @1845.0 with a margin of 75%
Investment 461.25/share.
exdiv date 1st June. Dividend 49.0/share fully franked 21.0/share
Gross profit 90.0/share = 19.51% return on investment. 14 day trade.

I will re-enter for the div if prices drop back.

rozella

Nice trades Rozella. Were you using a strategy of buying before the news or was it purely a dividend play?

 

[rozella]

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

G'day DTM,

These buys were section 1 of my strategy plus a bit of section 2:

I believe the Dividend Trading Strategy can be divided into 4 sections.

1. From now until profit announcement date.
2. From profit announcement date until exdividend date.
3. The dividend and franking credit amount.
4. After the fall on exdividend date until the stock rises to the price you want.

The market is jumping all over the place, so I felt it was best to take the profits while they are there. I should have done it on 3rd May when SGB announced, in the 1st half hour, but I was asleep or too greedy (the latter I think & missed the boat), the above would have been my second bite then.

Cheers,

rozella

 

[markrmau]

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

You don't think ANZ has further upside going up to ex div date? Or do you think the banks have had their run. (held anz since approx 2050 at end of march)

Does seem to be big resistance at 2200 (approached it about 5 times)

 

[rozella]

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

You don't think ANZ has further upside going up to ex div date? Or do you think the banks have had their run. (held anz since approx 2050 at end of march)

Does seem to be big resistance at 2200 (approached it about 5 times)

G'day markrmau,

ANZ is the first bank to go exdiv, so as the other banks come closer to their div date, it usually pulls ANZ's price up after exdiv in their slipstream, but don't hold me to that......its happened quite a few times for me in the past that it returns to pre exdiv prices in 2 or 3 days.

Your question, I can't answer......but I hope so. ANZ usually has a trading range of 30.0 cents daily. The way the market is behaving lately, I sold at a near high yesterday expecting a slump day by next Wednesday, then I will re-enter......if it does not slump then I will probably re-enter anyway.....I sold because "a bird in the hand......"

NAB reports Wednesday, which is a worry & a mystery atm, so there will be a feast or a famine.....whichever way it should be worth buying back into ANZ, SGB & WBC.....I already hold NAB & it depends on the result whether I dump it pre exdiv.

rozella

 

[rozella]

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

Sold one parcel DRT on 6th May @ 133.5 Bought 20th April @ 127.91 with a margin of 70% Investment 38.37/share.
Profit announcement expected 21st June with exdist expected 24th June.
This period last year the trusts had not merged (DDF, DOT, & DIT), but I expect the distribution to be around 5.1 to 5.3 per unit zero franked. June was 5.2
Gross profit 5.59/share = 14.57% return on investment. 16 day trade.

rozella

 

[rozella]

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

Re-entered ANZ today @ 2170.0 with a margin of 75% Investment 542.50/share
exdiv date 16th May. Dividend 51.0/share fully franked 21.85/share.

Re-entered WBC today @ 1910.0 with a margin of 75% Investment 477.50/share
exdiv date 1st June. Dividend 49.0/share fully franked 21.0/share.

rozella

 

[rozella]

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

Sold last parcel of DRT today @ 134.0 Bought 2nd May @ 130.0 with a margin of 70% Investment 39.0/share
Profit announcement expected 21st June with exdist expected 24th June.
This period last year the trusts had not merged (DDF, DOT, & DIT), but I expect the distribution to be around 5.1 to 5.3 per unit zero franked. June was 5.2
Gross profit 4.0/share = 10.25% return on investment. 8 day trade.

Re-entered DRT today @ 131.5 with a margin of 70% Investment 39.45/share.

Sold CNP today @ 532.0 Bought 21st April @ 516.0 with a margin of 70%
Investment 154.8/share.
Profit announcement expected 21st June with exdist expected 24th June.
Announcement on 19th April expects dist to be 17.4/share zero franked.
Gross profit 16.0/share = 10.33% return on investment. 21 day trade.

Re-entered SGB today @ 2474.0 with a margin of 75% Investment 618.50/share.
exdiv date 14th June. Dividend 67.0/share fully franked 28.71/share

rozella

 

[rozella]

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

Another magic day on the market......back to old times....just watching all our stocks rise. No buys & no sells......tempted to take profits, but.....

rozella

 

[rozella]

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

Took some more profit today on WBC, being Friday 13th.
Sold @ 1960.0.
Bought 9th May @ 1910.0 with a margin of 75% Investment 477.50/share
exdiv date 1st June. Dividend 49.0/share fully franked 21.0/share.
Gross profit 50.0/share = 10.47% return on investment

Will do my best to find a low today to re-enter, 1949.0 now as I type.

rozella

 

[DTM]

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

Hi Rozella,

Nice trade, but WBC doesn't seem to be that strong a share in my opinion. Also getting divergence in oscillator and macd. Could fall further.



Then again, I said that about AMP and it has jumped 30 cents in the last few days.

 

[DTM]

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

And now to follow through on my advice, I bought the May $19.50 puts when

sp was $19.56 and knowing my luck, it will follow AMP.