Timeline for Is it legal to “mine” dividends?
Current License: CC BY-SA 4.0
4 events
when toggle format | what | by | license | comment | |
---|---|---|---|---|---|
Aug 13, 2018 at 17:00 | comment | added | Bob Baerker | @PV22 - Tonight, look up the close of any stocks that are going ex-dividend tomorrow and then tomorrow, check what today's close was (take tomorrow's close and adjust by tomorrow's change). You'll observe that share price has dropped by the exact amount of the dividend on the ex-dividend date, something that Jimmy, who has no idea what is happening in his brokerage account, completely fails to comprehend. There are numerous reliable web sites that verify this (Zacks, Investopedia, the NASDAQ, etc.) along with many web articles confirming the same. | |
Aug 7, 2018 at 20:47 | comment | added | Eliot G York | That doesn’t seem right about the stock going down the same amount. If a 30.00 share pays out 0.30 in dividends, the share does not go down 0.30. | |
Aug 7, 2018 at 18:50 | review | First posts | |||
Aug 7, 2018 at 18:54 | |||||
Aug 7, 2018 at 18:41 | history | answered | Dividend Investor | CC BY-SA 4.0 |