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My Game Plan:
Cost:
500*7.03=3515
3515+15=3530
Dividend Collection:
500*0.3=150
Target Lowest Sell Price:
500*7.00=3,500
3500-15=3,485
Min Profit:
(3485-3530)+150=105
Brokage fees differ (mine is $15) and this is not investment advise just sharing my plans.
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Billy
1d ago
Development & Acquisitions Manager at Real Estate Private Equity
That's assuming the price would remain the same from today till Ex-Div. If price drops below $7, it will drop even further after Ex-Div. Honestly if you want dividends, rather go for bank stock / REITs, at least not so cyclical.
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Look like you are trolling lol. You will not able to sell at $7.00 after dividend lol.😂😂because it will drop 0.3 on ex dividend date so it will be $6.7 unless have people pump up the price, you can only sell at 6.7 or below.