Can anyone give their thoughts as to what they think the price will be after the dividend. Do you think the price will drop back down into the middle or high 70's or remain above 80? Thank you for your time and thoughts.
Down. Best time to sell KMP is right before it pays the distribution. You can make money doing this. Pull up a Google Finance chart of KMP and cycle out to longer time frames to see how KMP trades ex-distribution.
I have owned kinder for 6 years. I have taken the dividend just about every time. you can do well either way. but i believe over time you will do better taking the dividends. Nobody on this board can time the market. This time again I will take the dividend and add to my position on the drop. GLTAL. GQ
This is a strong stock... it might "absorb the div correction" quickly.........and rebound to mid 80's
jmvvho............ However... history contradicts what I just said....Cannot ignore the down trend over the past 12 months....... So.... I for one.... will sell my stocks on Monday.......and look for a reentry point at lower than the div correction..... Again....it's just what I do........ You decide for yourself what is best for you... take the div or the cap gain. I prefer cap gains since they can be netted again losses in case......
Yeah, historically it's a 50/50 shot from the ex-div date to at least 30 days past it. You do get the distribution if you're in the stock though.
However, I think it has broken the down trend that started in mid July and is breaking the down trend started in April.