SPY Ex Dividend Dates

For the next SPY ex-dividend date and estimated dividend go here. SPDR’s 19-Mar-2010 dividend update reportsSPY’s March 2010 dividend as $0.48  (I had estimated $0.52).  The pay date will be 30-April-2010.   The ex-dividend date is today, 19-March-2010.

Buy and hold v.s. market timing

The last few weeks have been painful for me–being on the sidelines while the market stages an impressive rally.   I don’t expect to call things right all the time, and there are worse things that just not making money for a month, but it’s not fun missing the call. In the typical buy and hold portfolio things have a different feel.   No position …

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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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SPY Dividend History

SPY, said by some to be the most liquid single security in the world,  goes ex-dividend four times a year.  See this post for the next ex-dividend date and an estimate of the dividend amount.   You must buy SPY at least by the end of market on Thursday, the day before ex-dividend, to be eligible for the dividend. Below is SPY’s  dividend history over the last …

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