Keep this in mind however, that selling now means you sell away the cash dividend rights.
That's not acurate: Technically, there is *no* (known) cash divvy; if one is published (on the Daily List), any trader can buy before the ex-date and have rights to the divvy, just as with this stock action. To be fair, though, sometimes r/s actions are published so late in the day that it's tough to get out in time to avoid the r/s.
So it's possible the same thing could happen with a cash divvy.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.