RIO 1.28% $110.73 rio tinto limited

That's what I thought. I bought some today to check dividend...

  1. 91 Posts.
    lightbulb Created with Sketch. 8
    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.
 
watchlist Created with Sketch. Add RIO (ASX) to my watchlist
(20min delay)
Last
$110.73
Change
-1.440(1.28%)
Mkt cap ! $41.10B
Open High Low Value Volume
$111.10 $111.69 $110.34 $121.9M 1.098M

Buyers (Bids)

No. Vol. Price($)
1 430 $110.67
 

Sellers (Offers)

Price($) Vol. No.
$110.74 3594 4
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
RIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.