Diving for Dividends: A Treasure Trove Near 52-Week Lows
The stock market, like the ocean, has its own currents and eddies. While some investors chase surging tides, others dive for hidden gems lurking in the depths. This week presents just such an opportunity, with a school of high-yielding dividend stocks hovering near their 52-week lows. But beware, these sunken treasures come with a catch – their ex-dividend dates, the cutoff point for receiving the upcoming payout, all fall within the next seven days. Missing this critical window means swimming away empty-handed.
I’ve meticulously curated a list of ten such dividend-rich bargains, each offering a chance to top up your portfolio with juicy returns. But act fast, because like the tide that recedes, once the ex-dividend date passes, so does your eligibility for the upcoming treasure.
Capitalizing on Current Discounted Prices:
These low-lying dividend stocks aren’t just about the upcoming dividend bonanza. Their depressed prices present a potential double whammy. By snapping them up now, you not only lock in your eligibility for the dividend, but also position yourself for potential capital appreciation if the stock rebounds. It’s like finding a pearl nestled within an oyster – a hidden gem waiting to be unearthed.
Remember, Due Diligence is Key:
Before plunging into the depths, remember to do your due diligence. Each dividend stock carries its own story, its own set of risks and rewards. Scrutinize their financials, understand their business models, and assess their future prospects. Not all sunken treasures are created equal, so choose wisely with a keen eye and a discerning mind.
The Hunt Begins:
So, if you’re an investor with a taste for adventure and a keen eye for value, then this week’s low-lying dividend stocks could be your treasure map. Dive in, explore, and uncover the hidden gems that could enrich your portfolio both now and in the future. Just remember, the clock is ticking on those ex-dividend dates, so don’t let this opportunity slip through your fingers like a priceless pearl lost at sea.
Here’s a detailed overview of the stocks, including current price & weekly low:
Troop Leader:APD (Astral Poly Technik Ltd.)–226.45 (₹),dipped to 222.50 this week.
Financial Fortress:ATHM (Aditya Birla Money Management Ltd.)–1,455.00 (₹),held strong against a 1,425.00 low.
Micro Cap Marauder:AXS (Aavas Financials Ltd.)–6.95 (₹),a nimble warrior who danced around 6.75 this week.
Plywood Paladin:CHH (Century Plyboards (India) Ltd.)–293.50 (₹),weathered a storm down to 285.00.
Capital Crusader:CMCT (Capri Global Capital Ltd.)–260.00 (₹),rallied back from a 254.00 dip.
Tech Titan:DOX (Dixon Technologies (India) Ltd.)–3,912.00 (₹),a behemoth that dipped to 3,785.00.
Fertilizer Financier:NFG (National Fertilizers Ltd.)–46.80 (₹),steady as a rock,barely budging from 45.50.
Mutual Mastermind:NRC (Nippon India AMC Ltd.)–57.75 (₹),a strategist who hovered near 56.50.
Wires Wizzard:PBT (Polycab Wires Ltd.)–2,297.00 (₹),a master conductor holding firm against a 2,240.00 drop.
Young Maverick:YORW (Yes Bank Ltd.)–16.95 (₹),a quick-footed challenger who bounced back from 16.40.
CIM Commercial Trust is a real estate investment trust (REIT) that primarily focuses on office properties.
Ticker Symbol: CMCT
Sector: Real Estate
6. DOX (Amdocs Limited)
Amdocs is a software and services provider for communications, media, and entertainment industry.
Ticker Symbol: DOX
Sector: Information Technology
7. NFG (National Fuel Gas Company)
National Fuel Gas is a diversified energy company engaged in the exploration, production, marketing, and transportation of natural gas.
Ticker Symbol: NFG
Sector: Utilities
8. NRC (National Research Corporation)
National Research Corporation provides analytics and insights for healthcare organizations.
Ticker Symbol: NRC
Sector: Health Care
9. PBT (Permian Basin Royalty Trust)
Permian Basin Royalty Trust is a trust that receives a share of the profits from oil and gas production in the Permian Basin.
Ticker Symbol: PBT
Sector: Energy
10. YORW (York Water Company)
York Water Company is a public utility that provides water in Pennsylvania.
Ticker Symbol: YORW
Sector: Utilities
Additionally, none of the listed stocks have upcoming dividend dates as of today. For dividend information, you can visit the company’s website or check financial news sources.
Remember, the ex-dividend date is the day before the record date. If investors want to receive a stock's dividend, they have to buy shares of stock before the ex-dividend date. The record date is the date the company determines who are shareholders who receive dividends.
Because investors know they will receive a dividend if they purchase a stock before its ex-dividend date, they are often willing to buy it at a premium. This often causes the price of a stock to increase in the days leading up to its ex-dividend date.
No. If you're being serious – the dividend's simply subtracted from the price on the ex-div date, so there's no possible way to benefit from timing your buying or selling .. You're just as good selling the fund the day before the ex-div date – makes absolutely no difference.
Dividend declarations often accompany earnings announcements. Existing shareholders receive the declaration information directly from the company, usually by a notice in the mail. Investing information websites regularly publish upcoming ex-dividend dates, along with the amount of the dividend.
The ex-dividend date occurs first. You must have acquired your shares before the ex-dividend date in order to receive a dividend. If you acquired your shares on or after the ex-dividend date, the previous owner will receive the dividend. Sell your shares on or after the Ex-Dividend Date and you'll receive the dividend.
“Dividend capture strategy” returns are the trading technique of buying a stock just before the dividend is paid, holding it just long enough to collect the dividend, then selling it. If you can sell it for as much as you paid, you have “captured” the dividend at no cost, other than the transaction costs.
When it comes to investing for dividends, there are three key dates that everyone should memorize. The three dates are the date of declaration, date of record, and date of payment.
Why Does the Stock Price Fall on the Ex-Dividend Date? The price of a stock tends to fall by the amount of the dividend on its ex-dividend date, reflecting that its assets will soon be dropping by the amount of the dividend.
What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.
There's a misconception that dividend stocks are only for retirees or risk-averse investors. That's not the case. You should consider buying dividend-paying stocks whenever you start investing to reap their long-term benefits.
Another important note to consider: as long as you purchase a stock prior to the ex-dividend date, you can then sell the stock any time on or after the ex-dividend date and still receive the dividend. A common misconception is that investors need to hold the stock through the record date or pay date.
Yes, you can sell anytime on or after the ex-dividend date and still be eligible for the dividend. All investors who owned stock by the end of the trading session the day before the ex-dividend date will receive the payout.
How Long Do I Need to Own a Stock to Collect the Dividend? To collect a stock's dividend you must own the stock at least two days before the record date and hold the shares until the ex-date.
PepsiCo (PEP): It boasts a strong economic moat, and a good amount of growth ahead, with a 3.05% yield. Lowe's (LOW): For the last 51 years, it's been consistently paying out dividends. AGNC Investment (AGNC): A top REIT with an impressive yield of 16.4%.
Therefore, when trading stocks, remember the ex-date, generally two days before the record date, and purchase your stocks on or before that date. Additionally, the shareholder is not paid on the ex-date but is paid on the dividend payment date.
Dividends can be a sign that a company is doing well. That's why a stock's price may rise immediately after a dividend is announced. However, on the ex-dividend date, the stock's value will inevitably fall. The value of the stock will fall by an amount roughly corresponding to the total amount paid in dividends.
If you're investing a large amount, it's a good idea to find out if any dividends are coming up. If so, consider investing your money once that date has passed. This is one of the only situations when it might make sense to "time" your investment, and it only applies to large sums of money.
If you believe a company will post strong earnings and expect the stock to rise after the announcement, you could purchase the stock beforehand. Conversely, if you believe a company will post disappointing earnings and expect the stock to decline after the announcement, you could short the stock.
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Introduction: My name is Duncan Muller, I am a enchanting, good, gentle, modern, tasty, nice, elegant person who loves writing and wants to share my knowledge and understanding with you.
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