Dividend Rollover Plan

The dividend rollover plan, also known as the dividend capture strategy, is a get-in, get-out dividend strategy for short-term reaping, easily-spooked investors.

To do the dividend rollover plan, an investor will invest in a dividend-paying stock, right at the last minute they're eligible to receive the dividend payout. The last date you're allowed to invest in a stock and receive the dividend, which is usually one business day before dividend payout, is known as the "ex-dividend date."

Once the investor hops aboard the dividend train at the last minute, they'll collect their dividend, and then hop right off, selling the stock. This gets the investor the dividend money, without the risk of staying invested in the share for the long haul.