That's what I thought. I bought some today to check dividend capture strategy. Should've bought yesterday though ( hindsight).
I plan to sell them tomorrow or on Monday. Just want to confirm that I should still get the dividend if I sell tomorrow, right? My total Franking credits for the year are less than $5k. Dividend at my buy price is around 6% so even if I sell @$125 I should save some money.
I'm new to this strategy, feedback is welcome from everyone. Thanks.
I'm not into Rio for long term at current SP.
Previous trend shows that after initial fall in SP ex dividend it rises back for a day or two before going downwards.
Ann: Dividend/Distribution - RIO, page-31
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Last
$120.12 |
Change
-1.210(1.00%) |
Mkt cap ! $44.68B | |||
| Open | High | Low | Value | Volume |
| $121.45 | $121.72 | $120.11 | $20.56M | 169.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 408 | $120.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $120.16 | 25 | 1 |
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| Last trade - 10.52am 04/11/2024 (20 minute delay) ? |
| RIO (ASX) Chart |