Tuesday, May 8, 2012

Innotek Dividends and Ex Dividend Share Price

I have been holding Innotek for a few years now and am pleased that it had recently announced that it would be paying out 5 cents in dividends per share again for this year.  Innotek has been paying out dividends consistently over the past few years that I have owned this stock.  Anyway, Innotek was trading at around 49 cents cum dividend but once it wend ex dividend (XD) yesterday, the share price fell by almost 7.5 cents to 41.5 cents.  This shows that it will be hard to apply any dividend capture strategy.

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