So Insignia Inc just released last week that they are giving out a one time dividend of .70, and the stock price is currently $2.24. That's a 31.25% Dividend Yield.The Ex-Dividend Date is 12/16/2016. Now I normally would not do anything like this but what would be some arguments for and against the move to buy many shares of this stock and then sell it after you get paid the dividend. The yield is high enough so that even if the price went down some percentage points you would still be making profit off of the dividend.
Submitted December 06, 2016 at 07:34PM by rynkrn http://ift.tt/2g7yzoY
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