This is called dividend stripping and in the eyes of IT you are creating trouble for yourself…………………..
Be warned…
From:
Sent: Tuesday, July 06, 2010 6:32 PM
To:
Subject: Re: [sharetrading] Dividend
You can sell the script after the record date. The dividend will be debited directly to your bank.
Dear Sir, On Tue, Jul 6, 2010 at 4:16 PM, A P Abraham <abrahamap@airtelmai l.in> wrote: In most cases the stock moves down after the record date, below by the dividend payout amount. Buying a stock for its dividend works very rarely…. However ALL is a very good co and in a bull hold…. |
Happy Trading,
United we grow!!!
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