There's a couple of things I fell for every single times and extra juicy special dividend is something I just cannot help. We had hit good before with the special dividend of HRX. Well this time, its almost as good as that one. For all stocks settle down on date of December 30th, investors will received $8 per Canada Bread Company Ltd (CBY) shares. I invested in a couple of shares at $77.67... today.
For once, I didn't invest in something at its peak value....
Being francophone is not all bad at all. La Presse had a little something wrote about Canada Bread and voilà, I didn't think much, I was in the spirit of the moment.
CBY is expensive, but I think it should go smooth even after December 30th. And I will sell later on, but no rush.
And on January 6th, bling-bling, I will get some real fresh cash, once again, one more time.
Are you going to do the same?
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8 comments:
how many did you buy sonny? are you afraid the price will fall after the dividand???
No we don't do dump things like you and we don't loose $10 in capital to get $8 dividend. Also, calculate the margin interest in your loose...
I Predict the share price goes down to 68$ after they pay the dividend on dec 30.
A "couple" of shares: meaning like 2? Seriously?
Have you figured out that dividends are subtracted from the share price yet? A $77 stock trades for $69 the day after an $8 dividend is paid.
I reckon we're near the top now. "No more cash till after the crash."
Hi Dividend Girl, I just started investing in stocks and I've been using TD Waterhouse's discount brokerage. Is that the one you use? Do you pay $29 every time you make a trade? Thanks
i paid 29.95 for stock buying til i had a 100 grand in the bank account of waterhouse...outrageous amount to charge for a stock. makes for a damn expensive stock.
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