Buying a stock for upcoming dividend payment?

McGoldrick said:

I have been caught out a few times when I buy a stock for an upcoming dividend payment. As in the last Telstra div. It fell immediatly after the record date more than the div paid.In the upcoming MRE cash return to shareholders, how does one make sure the return will be greater than the share price drop the next day?
McGoldrick

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McGoldrick said:

I have been caught out a few times when I buy a stock for an upcoming dividend payment. As in the last Telstra div. It fell immediatly after the record date more than the div paid.In the upcoming MRE cash return to shareholders, how does one make sure the return will be greater than the share price drop the next day?
McGoldrick

Click to expand...

So_Cynical said:

Don't sell the next day....wait a few weeks or a month, or like me sell before hand and take the profit and not the divi/capital return...anyone else amazed that the Minara SP hasn't taken off...free money for sale and its like no ones interested. :dunno:

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