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re: BITO dividend announcement tomorrow

Posted on 7/1/25 at 10:07 am to
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3431 posts
Posted on 7/1/25 at 10:07 am to
Your increase, if any, will be taxed on those shares.
Posted by MSTiger33
Member since Oct 2007
21415 posts
Posted on 8/2/25 at 7:33 am to
Seeing a $1.20 dividend for August. Is that right?
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 8/2/25 at 8:18 am to
It is. Part of the reason BITO is at 20.50 right now. Gotta love it. Projections for next month are in the 1.30’s. Nothing like milking this for all it’s worth
Posted by jerryc436
Franklin
Member since Jan 2014
588 posts
Posted on 8/2/25 at 9:27 am to
If I buy a few hundred shares Monday will I get the dividend on those shares?
Posted by Rendevoustavern
Member since May 2018
1782 posts
Posted on 8/2/25 at 9:38 am to
No, record date was 8/1.
Posted by jerryc436
Franklin
Member since Jan 2014
588 posts
Posted on 8/2/25 at 10:01 am to
I had 2 Puts assigned 8/1. I don't think they will be included.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 8/2/25 at 3:26 pm to
Nope. Have to be in before they announce. You will be in for the Septembers dividend
Posted by jerryc436
Franklin
Member since Jan 2014
588 posts
Posted on 8/2/25 at 3:41 pm to
I bought some shares on Friday and have 110 shares as my core position.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15751 posts
Posted on 8/2/25 at 4:31 pm to
I’ve got a little over 1100 shares right now, I hope the price goes back into the 18s when the dividend hits.
Posted by jerryc436
Franklin
Member since Jan 2014
588 posts
Posted on 8/2/25 at 4:36 pm to
I will try to get to 500 shares next week. I love the dividend.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15751 posts
Posted on 8/2/25 at 4:38 pm to
I’m hoping, at worst, if the stick breaks, I’ll break even and use all the dividends as a write off.

At best, keep reinvesting for the foreseeable future
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 8/2/25 at 5:29 pm to
Nice but I don’t believe the shares bought yesterday will get you the dividend this month since it was bought after the dividend was announced
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
87979 posts
Posted on 8/2/25 at 11:40 pm to
quote:

I hope the price goes back into the 18s when the dividend hits.


hell yes
Posted by bigjoe1
Member since Jan 2024
1415 posts
Posted on 8/2/25 at 11:45 pm to
Payday is the 7th.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
87979 posts
Posted on 8/2/25 at 11:46 pm to
has to be bought before the ex div date
Posted by 3D
NJ
Member since Sep 2013
1280 posts
Posted on 8/3/25 at 2:42 am to
So this is a long term buy or no ?
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 8/3/25 at 8:36 am to
Which was Friday
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
87979 posts
Posted on 8/3/25 at 10:30 am to
quote:

So this is a long term buy or no ?


let me put it to you like this

this is not a set it and forget it. you had best watch this closely.

might require many buys and sells if you get stopped out.

If you want a set it and forget it go find something else.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 8/3/25 at 1:23 pm to
People say that but I don’t get it. I collect my dividends and if it drops low enough I buy. If it increases I’ll get higher dividends so why sell? Mind you I follow it couple times a week for the last year. Seen it go to 28 seen it drop to 16’s. But never was worried enough to sell
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
87979 posts
Posted on 8/3/25 at 8:57 pm to


bitcoin is highly volatile and BITO is even worse IMO because it is BTC futures. this shite could crash any day.

will it stay as steady as a 11% returning YYY? or somebody in QYLD or RYLD?


yet this thing is yielding 53%?





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