Replies to post #2600 on United States Steel Corporation (X)

[miketherage]

Divi gets discounted from share price so people don’t buy the stock pre ex divi date and sell immediately after… other wise there’s no reason to hold the stock

[miketherage]

The price usually recovers a month or so after just in time for the next divi…. If you hold divi stocks long you do get tremendous gains from the dip… but you don’t understand.