With hundreds of dividend stocks to choose from on a weekly basis, how do you decide which one is right for you and your trading/investing goals? As for me? I like dividend stocks with plenty of upside potential and even more history behind them. I use the dividend ex-date as a buying signal. Certain dividend stocks move directly in proportion to their dividend, or should I say that they move either before or after the ex-date.
The ex-date is the last day the stock trades with the dividend still attached. 2-3 days after the ex-date, will be the "Date of Record". That the day when ownership is calculated and who ever owns it that day... gets the dividend check.
WMT or better known Wally World or just WalMart comes on our list every quarter. It has some nice consistency when it comes to dividend capturing. WMT has a market cap of $235Billion, like WOW... that's a big chunk. $485 Billion in revenues and to top it all off $150 revenue per share. That is one statistic that is simply crazy in my opinion, stock price is only $73 per share. Even the balance sheet looks good on these guys.
Just out of high school I decided to be self employed, after running a successful manufacturing business I had a problem of making more money than I knew what to do with. I started investing, after 23 years of investing I now want to share my strategy with a select few that want an extra edge in their own investing.