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 May 5, 2021, Falcon Minerals (NASDAQ:FLMN) declared a dividend payable on June 8, 2021 to its shareholders. Falcon Minerals also announced that shareholders on the company's books on or before May 25, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Falcon Minerals has an ex-dividend date planned for May 24, 2021. The company's current dividend payout sits at $0.1. That equates to a dividend yield of 8.71% at current price levels.
What Are Ex-Dividend Dates?
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An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. 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.
Understanding Falcon Minerals's Dividend History
Over the past year, Falcon Minerals has experienced an overall upward trend regarding its dividend payouts and yields. Last year on May 21, 2020 the company's payout was $0.03, which has since grown by $0.08. Similarly, Falcon Minerals's dividend yield in last year was 4.18%, which has since grown by 4.53%.
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.
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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.