SPY dividend capture strategies that don’t work…

Some SPY dividend capture strategies I don’t recommend: 1. Sell SPY short right before closing the day before ex-dividend Rationale:  Securities tend to drop by about the dividend amount when trading begins (pre-open trading) Problem:   The buyer that bought the stock from you deserves the dividend and the loaner that loaned you the stock you sold (probably unknowingly), deserves the dividend too.  Two dividends, one …

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Ex-Dividend Info: Alerian, iShares, PIMCO, Schwab, & SPDR ETFs

Below I have provided links to the 2021 website links for dividend distribution schedules for various Exchange Traded Product (ETP) providers.  For historical dividend information, I recommend the Dividend Investor site. Alerian website link for dividend declaration, ex-dividend, record, and distribution dates (Fund Distributions, Current Year) Invesco website link with ex-dividend and pay information.  iShares website link 1 , website link 2 for ex-dividend and pay …

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Twists and turns in converting a traditional IRA to a Roth

The change of the tax laws to allow everyone to convert their traditional IRAs into ROTH IRAs in 2010 was a nice present to the tax advisor community.  The issues with this one were nearly enough to make even me, a die hard do-it-yourselfer, seek professional advice.   Instead of paying for advice, I called the IRS.  The woman I talked to in the IRA department was …

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2023 Ex-div & Paydate: XLB XLE XLF XLI XLK XLP XLU XLV XLY and others

2023 Ex-Dividend and  Pay Date  information from SPDR 2023 Ex-Dividend Dates Q1 Q2 Q3 Q4 20-March 20-June 18-September 18-December 28-December (potential cap gains) Pay / Distribution Dates 23-March 23-June 21-September 18-December 03-January-2024 (potential cap gains distribution) In alphabetical order: DGT SPDR Global Dow ETF (DGT) KBE  SPDR S&P Bank ETF (KBE) KCE SPDR S&P Capital Markets ETF (KCE) KIE  SPDR S&P Insurance ETF (KIE) KRE …

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