hold on the record date and you get the half yearly divi, and the guy who held for the previous 26 weeks and sold to you, won't. Doesn't matter how long you hold for. However, stocks with a decent dividend often decline on the ex dividend date, sometimes, depending on the overnight news, more than the size of the dividend. Buying for 1 day and selling the next rarely provides much benefit, else the market would do it. Leading into, and buying the dips, then holding onto for a while post dividend and letting the SP recover may work out. I got some fat cheques from AWC a few years ago and am certain that FMG holders have and will again. And potentially RRL. My advice would be Grab the dividend and then hold and wait for the gold price to rise and you'll prosper twice
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