- 10,602
- 54,774
Ahh, you might be right. I could be confusing the annualized rate with 'this current div issuance'. Ah well.
I think oil's going up again though, so I don't mind the stock in general. /copium
Investing General Discussion
- Thread starter Furious
- Start date
I think oil's going up again though, so I don't mind the stock in general. /copium
Sanrith Descartes
Von Clippowicz
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One of the tricks with dividend capture plays is being able to capture the dividend and get out at a profit. Using this example...
X is selling at $100 a share and goes ex-div tomorrow. Dividend is $2.50. We buy it today at $100. Tomorrow the stock opens at $97.50. You have to be confident that the stock is going to move back up after the dividend. If it flatlines or marginally moves back up over the next couple of weeks, then you haven't really gained anything.
I, personally, only really go for dividend plays on stocks I want to own for a period of time.
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Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
- 10,602
- 54,774
So I'm guessing that in PBR's case it has a super high Div rate (apparently, just not this time) because it has some mandate that a portion of its income has to be distributed and they had a good year last year? Just speculating.
I really don't want to own twitter
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Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Petrochem companies historically have paid very high dividends. I remember BP and XOM being in the high single digits at times.So I'm guessing that in PBR's case it has a super high Div rate (apparently, just not this time) because it has some mandate that a portion of its income has to be distributed and they had a good year last year? Just speculating.
I really don't want to own twitter
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Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
- 10,602
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So almost as high as inflation!
Shitposting aside, one div stock that's been good to me the last couple years is Gladstone Capital. 9.x% (annual) div paid monthly. It has been down a bit during the carnage of last year, but is now basically back up to where I bought it originally. I only had a small amount till recently, but bought some more since it seems to be a stable and steady source of dividend.
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Sanrith Descartes
Von Clippowicz
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Had an open order pop at the close to write a bunch of puts for SPLG at the 100-DMA
50 strike, Sept 15 expiry, 35 cent premium. If I get assigned it will be about 2% below the 100-DMA.
It's not liquid enough to trade effectively, so I am gonna ride these into expiry unless something odd happens.
Ps.. it's still odd trading in SPLG vs SPY. I'm constantly having to do the math in my head at 8.5:1 because I am so used to the price of SPY being my basis.
50 strike, Sept 15 expiry, 35 cent premium. If I get assigned it will be about 2% below the 100-DMA.
It's not liquid enough to trade effectively, so I am gonna ride these into expiry unless something odd happens.
Ps.. it's still odd trading in SPLG vs SPY. I'm constantly having to do the math in my head at 8.5:1 because I am so used to the price of SPY being my basis.
Sanrith Descartes
Von Clippowicz
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Mist
Eeyore Enthusiast
- 30,513
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Looking at volatility and returns, this just seems like a worse JEPI.So almost as high as inflation!
Shitposting aside, one div stock that's been good to me the last couple years is Gladstone Capital. 9.x% (annual) div paid monthly. It has been down a bit during the carnage of last year, but is now basically back up to where I bought it originally. I only had a small amount till recently, but bought some more since it seems to be a stable and steady source of dividend.
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Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Big Phoenix
Pronouns: zie/zhem/zer
- 44,969
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I hear wars are excellent ways to deal with cratering economies that are filled with an surplus of men.
How many people are sucking dick on the street not to lose that 2-2.5% rate?
My mortgage is $750! In todays world id need to earn 100k+ to afford a similar home atm.
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Mist
Eeyore Enthusiast
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Inflation makes existing fixed interest debts much easier to pay off.
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Big Phoenix
Pronouns: zie/zhem/zer
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Mist
Eeyore Enthusiast
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Assuming you already have your fixed mortgage, don't consume a ridiculous amount of meat or drive a giant gas guzzler, what other costs are really 'skyrocketing?'
Yes, food has gone nuts, and gas is *gasp* all the way back to where it was when Bush was president, but food should not represent >50% of your budget. Most Americans could eat 40% less food and literally be better off.
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Palum
what Suineg set it to
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I can almost buy a pound of Boar's Head Roast Beef with just a single share of Palantir.
Can you short grocery items? I feel like Philadelphia Cream Cheese has to be peaking. Wholesale is still reasonable at the Costco but grocery stores are charging over double. I think it's on the way down.
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As someone who works for a company who is balls+ deep into SFDC, and came from a small company where I was the cursed soul who had to be the SFDC admin and deployment lead I can tell you. If it can do mediocre without requiring multiple FTEs to care and feed for it, then it's a better deal than SFDC.
Jim Cramer calls Monday.com a 'junior' Salesforce
Shares of Monday.com (MNDY) surged 8.5% Monday morning after the company reported a quarterly earnings beat.www.cnbc.com
Dang Monday about to get a bullet to the head. That market is so saturated, they're all kinda mediocre. Monday strikes me as distinct only because of it's marketing push.