This week's stocks sales under cash portfolio on Keong Hong, Goodland and Baker Tech gave me a satisfying advance dividend (or profit) of $785.
stock | expected dividend | nett gain |
Keong Hong (5TT) | 490 | 456 |
Goodland (5PC) | 80 | 185 |
BakerTech (568) | 150 | 145 |
total | 720 | 785 |
Looking at my realized positions under cash portfolio in year 2012, l have been selling into strength to get paid in advance on the dividend; realized positions in full year 2011 $1,187; in 2012 Jan $2,378.
The stock price in some of the counters can still go higher before they actually go ex-dividend but l am very clear with my selling price target. So, l would rather hand over the baton to the next runner in the race once l have achieved the anticipated dividend amount. And with the proceeds on sales of these stocks l am ready for the next run.
previous posting :- Cash - Closing Status 20 Jan