30 Day Dividends portfolios holding Ares Capital Corp. (Nasdaq: ARCC) goes ex-dividend tomorrow, so today is the day to close out the position in ARCC. The trade will end up close to a break even, based on today’s closing price.
The turbulent market in the fourth quarter, made it difficult to hit the timing right on shorter term trades. After ARCC goes ex-dividend, another entry should develop when the share price drops.
Trade: Sell ARCC to close any open positions.