"if we have a price of 33 or 34 post dividend, who cares if it comes back to 30 for a few days afterwards."
Unless IO prices rocket...there is no way the big players will give you a spread of some 4c + a 2c Div...LOL
If history is any guide they will try to keep it sub 30c
then flush out all the short term day traders on ex div and then IO prices permitting some recovery will occur
12 % annualised yield , page-41
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