WBC 0.33% $26.79 westpac banking corporation

Dividend Skimming?, page-6

  1. 1,433 Posts.
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    div is .64¢

    look at all other banks lately as a comparison.. all dropped more than the div after and on the ex div date

    ain't that easy to make a buck using the ex div date strategy

    also a 'wash' sale is selling for a capital loss only to repurchase same stock straight after.

    personally I'll be waiting post ex div, plus a day or two after (depending on the market) to top up my holding if SP heads south enough
 
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