AU ETFs Ex-Dividend Dates (18-APR-23)

EK AU Inv ETFs Ex-Div Dates (18-APR-23)

We’ve decided to lessen our positions in VAP, RDV and IHD. VAP was a bit heavy, and decided to offload some of our holdings to capture some short term gains since the DY% is closer to 5%. We’ve set the TPP to 74.75 of 1.75K and trade its volatility. RDV and IHD are both under DY 7%, and since they’re both closer to their 52WHs, we’ve derisked both positions and set the TPP back to -5%.

We’ve increased our holdings in GEAR, HACK, MVA, DJRE and SYI. All of these ETFs are trading -15% from their 52WH. The Ex-Dividend Dates are about 70+ days away, so we’ll be increasing our DCA Buys closer to the 45-day window, or about 3-weeks from today for the below ETFs:

AGX1: 6.9K / Divs 1.1K

A200: 3.5K / Divs: .224K

IHD: 1.6K / Divs: .1K

WXOZ: 4.1K / .5K

RDV: 1.8K / .1K

Est. Total: 18K / Divs: 2K = DY 11%

As of to-date, our To Go is about 85K. Based on our assessed risk, we’ll consider only investing another 18K for DY 11%, without materially impacting our assessed risk since certain ETFs are priced closer to their 52WH. We’ll be focusing on dividend harvesting (dividend capture), as well as dividend stripping.

After a stock goes ex-dividend, the share price typically drops by the amount of the dividend paid, so we’ll be increasing our DCA Buys to match closer to our estimated targets. If the net price change isn’t much different and in our favor, then we may consider selling (dividend harvesting) since we would’ve hit our 45-day rule (dividend stripping) to be eligible to claim our franking credits.