I’m pretty sure I’ve used the headline “Spread Betting Pays Dividends” before; if not on a blog post then on an article that I published somewhere. But it nicely sums up what I have to say… so if it ain’t broke, I won’t fix it.
When I say that “spread betting pays dividends” I mean it both in the generic sense (it can be profitable) and the very specific sense that spread betting really does pay actual dividends. Not all newbie spread bettors realise this.
Here are a few of my longer-term position trading stocks that have paid dividends in my spread betting accounts since the turn of the year:
- On 1 January I received dividend credits from Speedy Hire in my Capital Spreads accounts.
- On 8 January I received dividend credits from Assura Group in my InterTrader and Capital Spreads accounts.
- On 8 January I received a dividend credit from First Group in my InterTrader account.
- On 9 January I received a dividend credit from Volex Group in my IG account.
What I’m really looking for is the capital appreciation on my position trades, but a steady stream of dividends does no harm in helping to offset the financing charges on my rolling spread bets.
Two Steps to Better Spread Betting:
Disclaimer: this posting is for general education only; it is not trading advice.