27% profits every 20 days?
This is what Nic Chahine averages with his options 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 January 20, 2021, First Trust High Income (NYSE:FSD) announced shareholders can expect to receive a dividend payable on February 16, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. First Trust High Income has an ex-dividend date planned for February 1, 2021. The company's current dividend payout sits at $0.11. That equates to a dividend yield of 8.88% at current price levels.
The Significance Of An Ex-Dividend Date
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. Most ex-dividend dates operate on a quarterly basis.
First Trust High Income's Dividend Performance
Over the past year, First Trust High Income has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on October 1, 2020 the company's payout was $0.11, which has returned to its value today. First Trust High Income's dividend yield last year was 9.26%, which has since decreased by 0.38%.
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.
Click here to find details on First Trust High Income's previous dividends.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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