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re: A Question on Special Dividends (TLAB)
Posted on 12/5/12 at 11:44 am to OnTheBrink
Posted on 12/5/12 at 11:44 am to OnTheBrink
As long as you buy before ex dividend date and don't mind paying trade commission, dividend tax, incurring the potential loss if the stock goes down once you sell or the possibility of capital gains tax when you sell the stock. It' s up to you. ![](https://images.tigerdroppings.com/Images/icons/shrug.gif)
![](https://images.tigerdroppings.com/Images/icons/shrug.gif)
Posted on 12/5/12 at 11:51 am to Notro
I tried a similair play this past year on a $4 special dividend. Past special dividends didnt seem to have much effect on the share price (recovered after Record Date selloffs). Not only did it drop almost exactly $4 on this record date, it dropped another 10% the next day.
Lesson learned......dont chase special dividends.
Lesson learned......dont chase special dividends.
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