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buying dividend stocks before ex-dividend date, page-5

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WangChung

19,135 Posts.

266

30/11/23

19:45

Post #: 71203972
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Originally posted by MrBlackstock ↑

Ah, so thats the one I needed to know, the tax credit... and yes, after the ex-dividend date shares are heavily sold off and price drops... and the $7500 return was potentially over the returns from purchasing 3 seperate lots of shares worth $10K. I would be gambling at crown to get $7500 return from $10K

Thanks for the good info, very helpful. If I was to do such purchases I would have to be happy with a long term strategy..

Gareth

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Yeah, if it really was so easy, everybody would be doing it…
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