04-01-2015, 10:52 AM
(04-01-2015, 10:27 AM)rapidacid Wrote:(04-01-2015, 08:15 AM)Main Street Stock Investor Wrote: Sold 50% of position in KRFT.
Purchase date/price: 8/13/14 / $56.38
Liquidation date/price: 3/30/15 / $87.81
Holding Period, 7.5 months
Gain = $31.43/share
Nice gain but you didn't want to wait a single week for ex-dividend? Also, when is record date for the special dividend?
A bird in the hand. The $0.55 dividend was tempting, but the stock could easily be down more than that by Ex dividend date. It is getting a nice bump today, however. I'll revisit on XDD just to see what could have been.