Dividends

A dividend is a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves). Dividends can be nice (see dividend yield) but they also impact the stock price.
  • The declared divided is the amount per share that will be paid out.
  • The dividend yield is the dividend expressed as a percentage of the current share price.
  • An ex-dividend date is the day a stock starts trading without the value of its next dividend payment. If you hold a stock before the ex-dividend date, you are entitled to the declared dividend. If you buy a stock on or after the ex-dividend date you are not entitled to the declared dividend.
  • The dividend payable date is the date it pays out.
Today is T Trade #103's, ex-dividend date. T pays a $0.51 cent dividend on shares owned before today. Yesterday T closed at $32.39 and today it opened at $31.85 or $0.54 cents lower than it closed yesterday. An opening stock price of around $0.51 lower than yesterday's close is to be expected as $0.51 worth of value was removed from the stock in order to pay the upcoming dividend. The dividend is payable on May 1, 2019.

Trading Tide Levels (learn more):
  • Fading High Tide (S&P hit a high of 2896 yesterday and the last Low Tide was 2722 on March 8, 2019)
  • Strong (but weakening) Neap Tide (VIX @ 13.97)

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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.

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