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re: Stock dividends and X dates

Posted on 6/2/17 at 10:55 am to
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 6/2/17 at 10:55 am to
quote:

Right but once trading kicks off those stocks sometimes move up.
And sometimes they move down, just like all other stocks every day.
quote:

I don't know the trades and have been trying to figure out how to make money off this type of trade for a while now.

If there was a guaranteed way to make money off of dividend trading, someone would have already figured it out and would have written a book about it.
Posted by ruger35
Baton Rouge, LA
Member since Feb 2009
1594 posts
Posted on 6/2/17 at 11:05 pm to
I was lucky enough to get in on the FBRC special dividend of $7.61/share on the last day. Making money on dividends is possible, just not as easy as it seems. I still have to sell my shares of the new company once they are converted to Riley Financial.
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