📱 Best Platforms
Robinhood, Webull
📖 The Hustle
The dividend capture strategy involves buying a stock just before its ex-dividend date, holding it through the record date to collect the dividend, then selling it. The trick is finding stocks where the dividend is large enough to cover trading costs and the stock price does not drop by more than the dividend amount. Run this on a rotating calendar of 10-15 stocks so you are collecting a dividend almost every week of the year.
🚀 First Step
Find the next 10 ex-dividend dates on Dividend.com, pick 2 stocks with solid charts, and buy one day before ex-div.
🔑 Keys to Success
- Target stocks with dividend yields above 3% where the payout is worth the effort after taxes and trading costs
- Use limit orders for both entry and exit to avoid slippage eating into your captured dividend profit
- Track your net return per trade (dividend minus any price decline minus fees) and only repeat strategies that stay net positive
🛠 Tools & Resources: Dividend.com, Robinhood, Webull, Yahoo Finance, MarketBeat