27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
On November 2, 2020, Expeditors International (NASDAQ:EXPD) declared a dividend payable on December 15, 2020, to its shareholders. Expeditors International also announced that shareholders on the company's books on or before December 1, 2020, are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Expeditors International will be on November 30, 2020. The company's current dividend payout is at $0.52. That equates to a dividend yield of 1.18% at current price levels.
What Are Ex-Dividend Dates?
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.
Expeditors International's Dividend Performance
Over the past year, Expeditors International has seen its dividend payouts climb upward and its yields trend downward. Last year on November 30, 2018, the company's payout sat at $0.45, which has since increased by $0.07. Expeditors International's dividend yield last year was 1.34%, which has since decreased by 0.16%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.
To read more news on Expeditors International click here.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.