Dividend Skimming - Great idea in theory, much harder in practice.
I've done it myself and I've also watched plenty of others trade in & out of shares capturing the dividends.
In the end I've done a lot better just holding.
The other guys mostly just paid a ton of brokerage and didn't really achieve a lot, plus wondering about the ATO making a fuss at tax time.
My thoughts - Give it a go and post up your results in a couple of years time.
Dividend Skimming?, page-19
Add WBC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$27.25 |
Change
0.045(0.17%) |
Mkt cap ! $94.23B | |||
| Open | High | Low | Value | Volume |
| $27.22 | $27.36 | $27.11 | $26.94M | 988.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 10378 | $27.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.25 | 2433 | 16 |
View Market Depth
| Last trade - 12.58pm 08/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |