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re: Lot of money to be made day trading oil
Posted on 3/8/20 at 11:54 pm to bayoubengals88
Posted on 3/8/20 at 11:54 pm to bayoubengals88
So why would it go up? If it’s dropping like it is pet share?
1
Posted on 3/9/20 at 8:01 am to tiger91
quote:When the stock price drops, it causes the dividend yield percentage to rise if pay out remains the same.
So why would it go up? If it’s dropping like it is pet share?
If a stocks pays out $2 per year, then:
at $40/share the dividend is 5%
at $20/share the dividend is 10%
XOM has dropped like a rock so the dividend percentage has sharply increased.
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