Dividend Trading:-
Out of the 6 accounts that i assist with stock market knowledge sharing, we 5 went for Aster DM Healthcare hefty dividend of Rs. 118 per stock with total stocks being added was 1524 and the counting date was of today .
So far we put together have booked a profit of Rs. 179874 via dividend trading only . We know today onwards the stock will go down and once it comes back , we will be selling the same.
Account A bought 881 shares of Aster and total dividend earning would be Rs. 104000
Account B bought 95 shares of Aster and the total dividend earning would be of Rs. 11210.
Account C bought 149 shares of Aster and the total dividend earning would be Rs. 17582
Account D bought 387 shares of Aster and the dividend earning would be Rs. 45666
Account E bought 12 shares of Aster and the dividend earning would be Rs 1416
Why I call dividend trading and not investing as we get in before the dividend announcement and we sale the stock only when we are sure of the dividend allocation and the selling price is viable for us .
NB : Aster Hospital is a top notch player in the Southern India with a market cap of more than 18000 crores and it recently announced its desire to touch North and West India and consolidating it's target of reaching the top 3 slots in the healthcare industry in India
Happy Money Ahead !!
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