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.
Thursday marks the last chance for investors to receive the next dividend payout from Preferred Bank (NASDAQ:PFBC).
What's Happening
The company announced on Wednesday that it would pay shareholders a quarterly dividend of 70 cents per share. On Friday, Preferred Bank will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 70 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, Friday. Shareholders who own PFBC as of the end of Thursday's session are eligible to receive the 70 cents dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on January 22, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
Track real-time stock fluctuations for Preferred Bank on Benzinga.
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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