Need advice
1)Does that mean for 100 shares owned, you will receive $2 at the end of the day?
2) Is it advisable to invest heavily now just to collect the dividend payout and sell the shares after?
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SWEJNC : it doesn't work like bank interest. it gives you 0.02 and its price drops 0.02 also. it depends on how fast it grows back...
韭菜小散户 : The dividen is deducted from the share price, so if $1 stock price after dividen will become 0.98 , unless a sudden surge after dividen payout then you make profit
FortuneFavours OP : thanks for the replies, so my understanding now if the current stock price is 0.82. After dividend payout at 0.02. The stock price will become 0.80. So in order to breakeven, the stock price need to rise back to 0.82 or even more to cover the platform fee, etc. Correct?
Bull Run : Don't depend on devident that fool investors, they take back the money from minus off from share price. It will down 2c once paid out unless share is strong recover
102877280 : now u know how pathetic this stock is huh! own pocket in 1st
102641852 : Not sure how long I'll be stuck?
独股求败 : If you want to receive dividends, it is recommended to buy bank shares! The dividend yield is better than Genting!
Bull Run 独股求败 : If want real safe buy Singapore tresury bond or FD keep inside bank sure win no lose
105364426 : To invest just for dividends never work out due to transactions fees and the damned GST.
That’s why most people would sell just before ex-dividend when there’s demand and high price