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.
Wednesday marks the last chance for investors to receive the next dividend payout from San Juan Basin Royalty (NYSE:SJT).
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The company announced on Tuesday that it would pay shareholders a monthly dividend of 40.97 cents per share. On Thursday, San Juan Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 40.97 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, Thursday. Shareholders who own SJT as of the end of Wednesday's session are eligible to receive the 40.97 cents dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on April 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
To stay up-to-date with the companies that are announcing their 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.