Power Corporation of Canada T.POW

Good week

[lb1temporary]

Another good week. let's see if the ex-dividend date (tuesday) will have an impact on the share price.
The ex-divi date for GWO was june 1 st, so I expect a small impact.

[naissance]

I don't think the ex-dividend pdate will have an impact because when you have 4.44% dividend on a good and progressive stock , you will keep it.

[lb1temporary]

39,30$ this morning. Strong impact, far larger than de dividend of 45 cents. My expectation: a return to a normal price of 39,80$-40$ till the results in august. The ex-divided date days are often full of surprises.

[ferret_ca]

I often buy or add to stocks I own on the ex divy dates, as you mentioned those days are full of surprises and most often sell off more than the divy, sometimes by a fair bit. this wasn't always the case but over the past year or so it certainly has. pow is a great long term hold and I really like their investments into the fintec  space, this is one of my largest core holdings. cheers