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.
Friday marks the last chance for investors to receive the next dividend payout from Aberdeen Asia-pacific Inc (AMEX:FAX).
What's Happening
The company announced on Wednesday that it would pay shareholders a monthly dividend of 2.75 cents per share. On Monday, Aberdeen Asia-pacific Inc will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 2.75 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own FAX as of the end of Friday's session are eligible to receive the 2.75 cents dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on January 31, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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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