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Strategies & Market Trends : Dividend Investing -- Ignore unavailable to you. Want to Upgrade?


To: shoe who wrote (202)4/19/2003 3:35:43 PM
From: bob wallace  Read Replies (1) | Respond to of 387
 
almost...

I buy on the announcement and sell when the price has appreciated by the amount of the dividend plus a few cents for commissions. if you look back a few messages you will see where I posted links to search for dividend announcements - I also posted the links on the REIT thread (which initially turned me on to this idea).

this is not exactly a free ride - LXP has dropped 30 cents since I bought it, on a downgrade from Raymond James, and this weekend Barrons published a negative article on REITS - so we'll see what happens on Monday.