I'm looking for new strategies to use for excess capital when my other systems aren't finding any trades. I have been looking into dividend stripping. I have done a little research and from what I could tell it can be profitable, however this is from a very limited analysis. Does anyone out currently dividend strip and if so could you provide me some advice. Right now my questions are:
1) Is it profitable?
2) Do you just by the T+3 days before ex-div date and sell on ex-div
3) Is there much point buying 45 days out for the franking credit
Any held would be great!