Skip to main content

Posts

Showing posts with the label dividend-earning

GMA7 and the Eat Bulaga Effect

So, have you heard about the whole Eat Bulaga fiasco? It's been blowing up my social media feeds lately. Seems like the news has spread like wildfire, reaching Filipinos all over the world. As an investor in GMA7, I immediately checked the stocks and, boy, were they going down faster than a rollercoaster ride.  But hold up, before you start panicking, let me tell you what's up. One of the reasons why the stocks went down was because they recently gave dividends to their investors (yup, I was one of the lucky ones). But not all buyers of stocks are investors, some are just traders who want to earn some dividends and make a quick buck.