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
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Last
$27.24 |
Change
-0.010(0.04%) |
Mkt cap ! $94.50B | |||
| Open | High | Low | Value | Volume |
| $27.25 | $27.27 | $27.00 | $327.6M | 12.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40377 | $27.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.25 | 76093 | 12 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WBC (ASX) Chart |