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.
Ebix (NASDAQ:EBIX) declared a dividend payable on June 15, 2021 to its shareholders as of May 19, 2021. It was also announced that shareholders of Ebix's stock as of June 2, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. The ex-dividend date for Ebix will be on June 1, 2021. The company's current dividend payout is at $0.07. That equates to a dividend yield of 1.1% 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. Typically, companies will announce and implement new dividend yields on a quarterly basis.
Ebix's Dividend History
Over the past year, Ebix has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on June 1, 2020 the company's payout was $0.07, which has returned to its value today. Ebix's dividend yield last year was 1.43%, which has since decreased by 0.33%.
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 Ebix's previous dividends.
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.
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