Major purpose of this article is to analysis Ups and Downs of the Dividend Capture Strategy, in portfolio finance perspective. The dividend capture strategy is usually a strategy where the buyer or investor purchases a stock for the sole purpose of collecting or ‘capturing’ the stocks or options dividend. On paper it is a very simplistic strategy; choose the stock, receive the dividend, and then sell the stock. Although, to actually implement the strategy isn’t as simple as it appears. This article will look into the ‘ups and downs’ with the dividend capture strategy.