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Resource Capital Corp. Message Board

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  • j_owley j_owley Apr 24, 2012 4:06 PM Flag

    Interesting to see if,

    erik! What duec was saying is he has noticed that the share price tends to climb slightly near the dividend payment date. For all who have auto reinvest thru there brokers, those shares are purchased when the dividend is actually paid, so some buying strength is there to sell into. Therefor a little run up prior to payment is common.

    I have noticed the trend also

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    • Ok....that makes more sense. So people are buying now to sell into the strength of the auto reinvest is what you're saying? I assumed, I guess wrongly, that the price of auto reinvest was established on the X-day. Thanks for correcting me.

12.27-0.16(-1.25%)Jun 27 4:02 PMEDT