Nauti...you do not have to "wait" for the dividend. You just have to be the stockholder by the ex-dividend date....then you can sell the stock for almost 3 months until the next quarter. Most investors do not wait for 365 days. With huge tax implications for dividends coming to a country near you....this is going to be volatile. still, with an IRA or 401k, its going to be a great time to invest in the market in these high dividend paying stocks that the big boys, hedge funds, etc... have left due to these tax law changes. Love it. Primed and ready to load up.