Keep an eye on MRRL (I'm in that one). They pay out monthly. For 2 months they have small dividends; .06, .08, .04, etc. The 3rd month they have much larger dividends: .65, .58, .65 etc. They just had the first of their two smaller dividends. Their next big one will be around May 11th (give or take a day or two). Current Price is: $14. Average 10 day daily volume is: 211.7K.
Also, if I buy shares of a company just to collect their dividend, then sell on the x date, where does TDA put that dividend if I have already sold my shares? I would assume that if I had 3,000 shares, I would sell all but 200 or so. That way I would still hold that stock so TDA would have a place to put my dividend shares. Do I have this right?
TIA
Kirk :)
