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re: Visa getting roughed up today?

Posted on 8/1/13 at 10:58 am to
Posted by Cousin
The Bayou
Member since Feb 2012
5274 posts
Posted on 8/1/13 at 10:58 am to
quote:

I'm going to get as good a price as I can get on August 13.


Excuse my ignorance, but wouldn't the share price get artificially inflated right before the ex-dividend date which will make you buy at a higher price?
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 8/1/13 at 10:59 am to
this isn't a stock purchased by dividend hunters so no, but other companies i hold like Phillip Morris pay a giant dividend so yes people buy it right before the dividend and sell
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89798 posts
Posted on 8/1/13 at 10:59 am to
quote:

Excuse my ignorance, but wouldn't the share price get artificially inflated right before the ex-dividend date which will make you buy at a higher price?


The great thing about this is that the dividend is so low right now - it doesn't matter.
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