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Started By
Message
re: Cracker Barrel (CBRL) 52 week low today, $1.30 dividend, goes EX-Dividend tomorrow
Posted on 4/10/24 at 4:32 pm to Tiger Hoops
Posted on 4/10/24 at 4:32 pm to Tiger Hoops
quote:
Buy today at 10 year low, Below the Covid crash price, and get a 2 percent dividend tomorrow.
Dividends are nice and all but all else being equal the stock is going to be down $1.30 when it opens 4/12. You can’t just pick up stocks right before dividends and make money that way.
2
Posted on 4/10/24 at 4:35 pm to slackster
quote:
Dividends are nice and all but all else being equal the stock is going to be down $1.30 when it opens 4/12. You can’t just pick up stocks right before dividends and make money that way.
Yeah, I know how dividends work.
Posted on 4/10/24 at 7:25 pm to slackster
quote:
but all else being equal
I mean, it usually fluctuates on a daily basis.
Getting in today means you snag the dividend. Odds are very good that it's going to go up at some point in the near future. Then you can cash in and win twice.
Debt to asset ratio isn't bad so I wouldn't expect this one to be a falling knife. Not a bad one to hold.
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