Should You Be investing in the Olympics?

by Fred Fuld III

The 2020 Olympic Games began on Friday, July 23, in 2021 of course. If you haven’t been watching the Olympics, you are missing the greatest sports event of the year.

The Olympic Games have many sponsors and several of these worldwide Olympic Partners are publicly traded.

Some investors believe that the sponsoring of this event will help increase revenues for the company sponsors. Others believe that if these companies are putting up all this money, that they expect a return on their investment.

So if you have wondered if investing in these companies would provide a good return, then check out the results below.

Olympics Stock Index

Company Symbol Price 7/23/21 Price 8/4/21 Gain/Loss
Airbnb ABNB 138.73 147.4 6.25%
Alibaba BABA 206.53 200.71 -2.82%
Bridgestone BRDCY 21.88 21.93 0.23%
Coca-Cola KO 57.01 56.1 -1.60%
Dow Chemical DOW 60.11 60.99 1.46%
General Electric GE 101.68 102.91 1.21%
Intel INTC 53 53.9 1.70%
Panasonic PCRFY 12.21 12.19 -0.16%
Procter & Gamble PG 139.79 142.43 1.89%
Toyota TM 179.85 182.18 1.30%
VISA V 249.02 236.67 -4.96%
TOTAL 1219.81 1217.41 -0.20%
EQUAL WEIGHT RETURN -7.96%

You will notice that the worst performers to date are VISA (V) and Alibaba (BABA) and the best are Airbnb (ABNB) and Procter & Gamble (PG).

Based on an equal weighting of all the companies, the total return from the start of the Olympics on July 23 to today, August 4, is a negative 7.96%, far worse than the market as a whole. The S&P 500 was only down 0.21% during that same time frame.

Yet there is still more time for the Olympics Stock Index to recover as the events don’t end until August 8.

 

Disclosure: Author owns TM.

Stocks Going Ex Dividend the Fifth Week of June

Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the quarterly dividend amount, and annual yield.

Cypress Semiconductor (CY) 6/27/2017 0.11 3.32%
Agrium Inc. (AGU) 6/28/2017 0.875 3.80%
Canadian Pacific Railway (CP) 6/28/2017 0.412 0.97%
Deere & Company (DE) 6/28/2017 0.6 1.92%
Dow Chemical Company (DOW) 6/28/2017 0.46 2.89%

The additional ex-dividend stocks can be found here at wstnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WStNN.com. Most of the lists are free.

Dividend definitions: Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Stocks Going Ex Dividend for the Fifth Week of March

Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the quarterly dividend amount, and annual yield.

Activision Blizzard, Inc (ATVI) 3/28/2017 0.3 0.53%
Curtiss-Wright Corporation (CW) 3/28/2017 0.13 0.54%
Cypress Semiconductor Corporation (CY) 3/28/2017 0.11 3.15%
Deere & Company (DE) 3/29/2017 0.6 2.17%
Dow Chemical Company (The) (DOW) 3/29/2017 0.46 2.87%
Nucor Corporation (NUE) 3/29/2017 0.377 2.32%

The additional ex-dividend stocks can be found here at wstnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WStNN.com. Most of the lists are free.

Dividend definitions: Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List
 

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date. 

Book now available: Buying Dividends Revised and Expanded

Book now available: Stock Market Trivia Makes a Great Gift!
Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.