posted
Does a stock generally sell off immediately after the Ex-Dividend date is reached? Does a stock PPS climb in the days before the Ex-dividend date as people try and "get into" the stock so they qualify for the divvy?
Barring any other tax consequences (which I would not have due to trading within a Roth IRA), Is it better to sell a stock prior to the Ex-Dividend date and give up the (.10) dividend in return for a higher share price?
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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Depends on a lot of factors. If the stock is a .20 stock and pays a .10 dividend, then yeah, most likely on the Ex-date there will be a sell off and the price will drop by about the .10. Sometimes it doesn't work that way, and I've made some good money holding through an ex-date on small stocks.
As for big board stuff, I'd be surprised if any of them moved on the ex-date either way.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
It's a big board stock. (CTB) Ex-dividend date is tommorrow.
Am I understanding it right that you need to hold until COB on the Ex-dividend date to get the dividend. But if you sell the day after the ex-dividend date, you'd still qualify?
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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