Hello Trader.. Does anyone have any experience in situations like these. AXE delcares $4 dividend. If MSFT $3 dividend is a quide, AXE will probaly ddecline $4 or so. Is there any was of capturing the dividend w/o getting killed in the stock?? Or any other strategy of making money on this play? Thanks.
No...if you own the stock on ex-div date, then when it opens, it opens down adjusted for the dividend. Closes at $40, opens at $36 - unchanged, for example. Don