As we know before ex date price usually rally, so i did experiment with my $OVERSEA-CHINESE BANKING CORP(O39.SI)$Bullish
Previous div i sold before ex date, bought $12.23 sold $12.37 i thought it will dip alot (scared) so i profit only 0.14 while div 0.28.
Bought back after ex date $11.93 (lucky)
The recent div, i did not sell before ex date, the highest rally $12.46, i just keep it, and today price has moved up to $12.36 ! Means i got dividend 0.28 and the price almost backto pre-div price.
I also sold my $WILMAR INTERNATIONAL LIMITED(F34.SI)$before ex date $4.18 thinking to buy back when dip, now after div the price already 4.18 again ! So i can not buy back for now [Smile]
Moral of story : if like the stock for long term just keep it permanently is ok, unless have few lots and want to take profit and buy other company with better fundamental/undervalued.
not easy decision to make, invest wisely my friends π
This is not investment advice, pls do your own DD [love you]
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