Daily Corporate Dividends on Sep 2 2024
Today's dividend payment situation reveals a mixed picture. PRGS leads with a dividend per share (DPS) of USD 0.18, followed by ZEUS at USD 0.15. HQI and IGIC trail with USD 0.06 and USD 0.03 per share respectively. Investors using the dividend capture strategy could consider these opportunities, albeit with the inherent risk of price fluctuations.
The dividend capture strategy, although popular among day traders, can be a risky approach for stock trading. While it offers a simplicity that appeals to investors, it requires frequent buying and selling of shares, often within a very short period of time. By purchasing shares before the ex-dividend date and selling them shortly after, investors aim to capture the dividend without having to hold the stock until the payment date. However, if the stock falls more than the dividend paid, it can result in a cut to net profit. While waiting for the stock to rebound to the purchase price may seem logical, there is always a chance that the stock will continue to decline. Therefore, careful analysis and risk management are essential when employing the dividend capture strategy.
Dividends:
Ticker | Ex-Div Date | Payment Date | Record Date | DPS |
---|---|---|---|---|
PRGS | Sep 2 2024 | Sep 16 2024 | Sep 2 2024 | USD 0.18 /Share |
ZEUS | Sep 2 2024 | Sep 16 2024 | Sep 2 2024 | USD 0.15 /Share |
HQI | Sep 2 2024 | Sep 16 2024 | Sep 2 2024 | USD 0.06 /Share |
IGIC | Sep 2 2024 | Sep 18 2024 | Sep 2 2024 | USD 0.03 /Share |