Started By
Message

re: A Question on Special Dividends (TLAB)

Posted on 12/5/12 at 11:44 am to
Posted by Notro
Alison Brie's Boobs
Member since Sep 2011
7887 posts
Posted on 12/5/12 at 11:44 am to
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.
Posted by Chris4x4gill2
North Alabama
Member since Nov 2008
3092 posts
Posted on 12/5/12 at 11:51 am to
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.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram