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From: | "Michael Gore" <michgore@paradise.net.nz> |
Date: | Tue, 6 Jun 2000 10:45:39 +1200 |
Hi! I've been reading the messages from Jeremy and
Oliver and I was wondering if someone could explain dividend stripping for the
benefit of newbies like me. I understand that this is buying shares in a
company immediately before a dividend payout and then selling immediately after
in the hope that the share price drops by less than the dividend paid out but
this is all I know. Can anyone enlighten me further? For example how
often does it actually work that the dividend is greater than the share price
drop? regards michael
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