Stocks close to dividend payout date

[wooish]

I found the following stocks close to paying out their dividend sometimes in the middle of March. I haven't done any research on any of these stocks but I did took a glance of their charts and they look freakin sweet.

I don't know when you have to buy the stock to qualify for the dividend but if the timing is right, it's easy $$$. After the dividend you can choose to hold or sell the stocks.

PSEC 14%
AGNC 22%
ARCC 10.5%
ENP 10.5%
PNNT 10%

[billyjoe]

wooish,
I own AGNC and have collected and reinvested the monster dividend , 20%+ for 2 quarters. The last was paid on 1/26 to holders of stock as of 12/31/09 so if you're holding around the end of March you should get the next div. in April. Seeking Alpha predicts AGNC will soon cut their div. to 10-14%, still not bad. I've got lots of free shares.

-------------billy

[riverbabe]

Woo, I have owned PSEC from 8.787, at yesterday's close up 34.29%. Have collected 3Q of that fantastic dividend also. This is a big winner for my IRA.

[mrmarket]

For the most part, the dividend gets priced into the stock and when it gets paid, the stock price drops accordingly....(not always though!) and this trade can get arbed it you hedge properly.