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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?


To: Richard Barron who wrote (1841)5/25/2000 2:04:00 AM
From: shasta23  Read Replies (1) | Respond to of 2561
 
HI Richard!

Thanks for the response. It's late now and i'm a little tired and since this is all new for me i will have to study this tomorrow more thoroughly. But i just wanted to let you know that i really appreciate your answer. I looked at the example given and find the concept of a return to the "normal price" despite the dividend pay out quiet interesting. Hopefully i understood that correctly but gravitational pull of the 5 1/4 level will give you basically the dividend for free in hopefully a few days worth...correct?(if it works out).Fascinating psychology!
I guess in SIZ you expect a retest of the high or a rally to the 200SMA which will also allow you to pocket the dividend. Low volume stock though...
Thanks again!

Stefan



To: Richard Barron who wrote (1841)5/25/2000 11:51:00 PM
From: Bobo Bear  Read Replies (1) | Respond to of 2561
 
<<<It is scheduled to go ex-dividend on 6/5/2000, so the holders 3 business days earlier will collect the dividend.>>>

Richard, since you are a long time REIT investor I'm surprised you made this somewhat miss leading statement, even though its true. If I were to purchase a shares on 6/4 in a stock that goes ex-dividend on 6/5 I would still get the upcoming dividend. As I would be the "shareholder of record" on the day when the company decides to record the dividend payout.