We wrote about creating another ANZ dividend 10 days ago and here is the update
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Fairmont Equities
We wrote about creating another ANZ dividend 10 days ago and here is the update. With ANZ weakening after going ex-dividend, we bought back our call options yesterday afternoon to make $1/share for our clients holding ANZ - which is in addition to the 91c dividend that they will receive. Our original article from the AFR Smart Investor explaining how the strategy works - (VIEW LINK) It's a strategy that investors with blue chip shares can put to good use.
![Michael Gable](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYXc9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--480b2f2c071b1c967e0014f720e361e21b1bf412/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/Mike_colour.jpg)
Michael Gable is managing director of Fairmont Equities. We are a small boutique advisory that uniquely combines both fundamental and technical analysis. As a result, our analysis is featured regularly in the finance media such as the Australian...
Expertise
No areas of expertise
![Michael Gable](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYXc9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--480b2f2c071b1c967e0014f720e361e21b1bf412/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/Mike_colour.jpg)
Michael Gable is managing director of Fairmont Equities. We are a small boutique advisory that uniquely combines both fundamental and technical analysis. As a result, our analysis is featured regularly in the finance media such as the Australian...
Expertise
No areas of expertise