What is the general rule regarding buying a stock for the dividend?? do it.... do it in some cases.... never do it...... Just saw this and didn't know if I found a good one or not..... DALLAS--(BUSINESS WIRE)--June 12, 2003--Capstead Mortgage Corporation (NYSE:CMO - News) announced today that it will pay a second quarter 2003 dividend of 78 cents per common share payable on July 21, 2003 to stockholders of record as of June 30, 2003.
Just guidelines like.................. Never put the tying or go-ahead run on base. Play for the tie at home, go for the victory on the road. Don't hit and run with an 0-2 count. Don't play the infield in early in the game. Never make the first or third out at third.
If you mean, should you buy the stock to get the dividend, there are dividend capture strategies that involve options and stock. But, these are generally only available to pros who have very low transaction costs. Also, see: http://www.investorwords.com/cgi-bin/getword.cgi?1819 http://www.investopedia.com/ask/answers/137.asp In general the stock price falls by the amount of the dividend on the "ex-dividend date." DS