WBC 2.48% $29.80 westpac banking corporation

Dividend Skimming?, page-2

  1. 17,528 Posts.
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    It will fall after divvy payout .
    Maybe not as much as actual divvy which I think is in the 60c range - depends on overall market . It may drop further .
    Usually slowly builds back up in price again over time if the general market behaves .
    Take care with your strategy as the tax office doesn’t take kindly to “ washing “ ( research that )

    if only it was as simple as you suggest


    In saying above I quite like the banks atm
 
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