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Unlock Dividend Income: Discover the Best Dividend Capture Stocks
Microsoft's Strong Dividend Profile
Microsoft, a tech giant, offers a steady dividend payout. With an annual dividend of $300 per share, it maintains a forward yield of 0.75%. The dividend is distributed quarterly, ensuring a regular income stream for investors. The next ex-dividend date, marking the last day to qualify for the current dividend payment, is approaching soon.
Dividend Capture Opportunity
For dividend capture, investors aim to buy a stock just before the ex-dividend date and sell it shortly after the record date, which is when the company determines who is eligible for the dividend. By doing so, investors can potentially earn the dividend while benefiting from any price appreciation in the stock.
Note: Dividend capture strategies come with risks. Stock prices may fluctuate, and there is no guarantee of profit.
Best Dividend Capture Stocks in April
In addition to Microsoft, other companies with upcoming dividend payments and attractive forward yields include:
- Apple (AAPL): Forward yield of 0.65%
- Johnson & Johnson (JNJ): Forward yield of 2.65%
- Coca-Cola (KO): Forward yield of 2.83%
- Verizon (VZ): Forward yield of 5.02%
- AT&T (T): Forward yield of 5.64%
These stocks provide investors with a diverse range of sectors and dividend yields to choose from.
Dividend Timing
Understanding key dividend dates is crucial. Below is a simplified table for Microsoft:
| Dividend Period | Amount | Announcement Date | Ex-Dividend Date | Record Date | Payable Date |
|---|---|---|---|---|---|
| Apr 2023 | $0.91 | Mar 8, 2023 | Apr 26, 2023 | Apr 27, 2023 | May 10, 2023 |
For dividend capture, investors should aim to buy MSFT stock before Apr 26, 2023, and sell it after Apr 27, 2023, to receive the dividend and potentially benefit from price appreciation.
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