Post by
NonCredibleSrc on Nov 14, 2023 7:16am
Div payment tomorrow...
I quite find myself wondering what effect, if any, the div payment tomorrow will have.
I tend to re-invest my divs, and I would imagine that many of us do. Stock is back at very near a 10% return for new shares purchased if current price holds - $21 mil in divs being sent out tomorrow - that's enough to completely cover yesterday's volume almost 2.5 times and is 1.5 times the average traded volumes. Will be interesting to see.
While my accounts 'looked' better a few weeks ago, I am pleased as pi$$ to be back in this range so that accumulation makes even more sense long term.
GLTA