PEG's dividend is $2.16 but that's for the year.Each quarter is 1/4 of that or $0.54. However stocks usually show weakness the day after ex-div because traders buy it the day before to capture the dividend and sell at the open the day after. That's the theory atleast; it's not usually that simple. Tony PS, Sorry for the late and inopportune replies!
Sure, I'll agree with that given that there is uncertainty in dividends. But if you see it in the SSF you'll also see it in the options. For the most part, given the spreads and the liklihood that if someone (market maker) mis-prices the dividend they'll be quickly arbed into line, I doubt there is much opportunity for both professionals and laymen.
My job is quickly arbing things into line; i.e. picking off MMs. We do see it in the options; however SSF seem cleaner. Agree; not for the average trader ...
If your talking about a mail from our chairman that may have gone out to clients, thanks (25 years in the biz). If your referring to my age - I wish.