Share Investing 101, everyone should know it off by heart within a short space of time.
Printable View
The shares have dropped 10 cents after going ex a 10 cent dividend, exactly what common sense would suggest and are clearly noted in the trading system as trading ex dividend.
AIR pays its dividends very promptly, something other companies would do well to try and emulate.
The fact that the government is the major shareholder has nothing whatsoever to do with this highly unusual super prompt payment system AIR uses :D
I've posted many times on here regarding my theory regarding share price recovery of dividends paid. Usually within a few weeks, if its a gargantuan one like the 35 cents last year it can take 2-3 times longer as was the case last year. Selling any share cum dividend and hoping it will drop more than the dividend in the short term is a "brave" call. The odds from the study I have seen are stacked pretty heavily against such a strategy being successful. I guess if people are adverse to more dividend income in the 2017 tax year because they're already well over $70,000 income and paying tax at 33% and the dividend is only imputed to 28%, (a resulting 5% tax impost) some sort of argument can be made for the above strategy but swimming against the tide can be hard work.
Hey seeweed - you should mosey over to WHS
A 10 cent divie in a few weeks - get that for $2.50 at the moment, probably cheaper tomorrow
Oil getting cheaper. Stockpiles stockpiling. Still looks like it's a good time to own an airline.
Yesterday,successfully sold 17000 at a $1363 loss:), but sold another 31000 at $3202 profit:t_down:. Cannot sell any more until after 31/3/17, because they in the green $37000 and will have to pay to much tax, but am looking forward to $14300 div. next week. Time to stock up on a bit of STU and a lot of SPK their div coming soon;).