Realty Income (O) June 2024 Dividend
Announced
Confirmed β’ May 17, 24
Ex Date
Reached β’ June 03, 24
Pay Date
Paid β’ June 14, 24
Description
39 Comments
Realty Income once again increases its dividend by 2.1%. From 0.2570 cents to 0.2625 cents, starting on 14.06.24 πͺπ»ππ»
Well, if you buy or sell stocks exactly on the ex-dividend day, you won't be eligible to receive the dividend. This means that if you buy stocks, you won't be entitled to the next dividend, and if you sell stocks, you won't receive the dividend that will be paid to shareholders.
OK, I only have around β¬65 before taxes, but "O" is a smaller position. Your number is simply impressive!
1.31$ richer per month. Keep it up and soon there will be two digits before the decimal point.
Actually, it's better to buy before EX, because after that you will only receive a dividend. After EX, you will get more shares at a cheaper price for higher future payouts.
That's not quite right. Since the share price falls on the ex-date, you only make a profit if it rises again afterwards. The initial price loss is then offset by the payment of the dividend. As a result, the price actually behaves as if it had never fallen. Hence my tip: 1. Buy beforehand if you haven't exhausted the allowance (β¬1,000) yet. 2. Buy afterwards if this is the case. Does that make sense to you? :)
Unfortunately not. If I buy for β¬1000 and then get either β¬10 (β¬100 per certificate) or β¬11.1 (β¬90 per certificate), then I miss out on a dividend once but in the future I will get more money for each subsequent distribution for the same amount invested, as there are more shares. Therefore, buying before ex is a statistical disadvantage.