Changes very very little and usually give a premium discountDoes that dividend stay the same each month or does it fluctuate? What determines that yields? Sorry still learning
Changes very very little and usually give a premium discountDoes that dividend stay the same each month or does it fluctuate? What determines that yields? Sorry still learning
They yeild is based on the market changing I believe.. ETF’s when set up have to follow from what I’ve heard are required buy rules to pay out a certain amount of the gains .. I would have to research more to verify . Either way it really doesn’t matter into my equation of buying into EFT’s ..Oh yea, that's a fund not a single stick so is the fund what's setting that yield? If so does it change daily or ?
Ex date was today ,, pay date is the 29thI'm doing a paper trial. I have 10 shares i paid 15.94 ea
AH got to 16.13 so I'm 1.90 up.
No div yet since next ex date is next month
Not sure what paper trading your playing ,, but it can’t be accurate as the low price today was 15.95 about a half hour after the open and I couldn’t get a fill at 15.98 all day to close which closed at 16.09 ..I'm doing a paper trial. I have 10 shares i paid 15.94 ea
AH got to 16.13 so I'm 1.90 up.
No div yet since next ex date is next month
Lol sorry I wasn't clear on what I'm doing - I'm keeping track of a hypothetical scenario on my own but apparently I'm way off on my numbers lolNot sure what paper trading your playing ,, but it can’t be accurate as the low price today was 15.95 about a half hour after the open and I couldn’t get a fill at 15.98 all day to close which closed at 16.09 ..
AH doesn’t carry into the next open and closed AH @16.13 .. .04 up AH . The stock at open s based on the closing price for the day time trading close of 16.09
I have no idea if the divs will show up on the paper trading , but should if it shows you are owner of record on the buy .
Oh ok .. I was thinking that schwab may still have the paper trading on their website or using investopedia’s aper trading .. those would be based on actual live trading .. TD had it before schwab bought them out and merged.Lol sorry I wasn't clear on what I'm doing - I'm keeping track of a hypothetical scenario on my own but apparently I'm way off on my numbers lol
I didn't count myself in on the dividend since i think i had to buy yesterday
That cover today ,, in 24 hour trading I saw it was 16.16 lol on robinhood .. that would have made for a decent flip lol
Okay to make this work I'll adjust my buy price to 16.00 (open price) and it closed at 16.09 so that's .09 x 10 shares for a total of .90 cents.
That will remove the after market increase that won't carry over
I could splurge on 20 lol -That cover today ,, in 24 hour trading I saw it was 16.16 lol on robinhood .. that would have made for a decent flip lol
Since your on paper ,, go ahead and note the div. On pay date the 29th .. would give you and idea of what’s to come next month .
Just be aware that waiting to actually start a position that the price could easily go higher lol ..
also the f it does drop some the divs will make up the difference.. 10 shares is very small but starting is the ticket to get the money even as small as it is .. it’s more than you had lol
That does make the red part much easier to live with! Dividends are great but seems you need lots of shares of whatever to get 1000 in a year - I'll learn more about the cost averaging part. And how to know when to sell what to take the profit. Especially when adding shares over a long time.Say I own a stock ( a decent company of course ) and I’m red red red say around 3k down .. I’ve owned it for say 5 years and have enough shares to make say 1000$ in divs per year .. it takes 3 years and breaks if the price doesn’t move .. that will make me 2000$ up from my cost . after that ,, the next year I’m up another 1000$ on the and every year after ..a big win . but in reality the price will not be the same and most likely will gain as most do which will make more of a win even in the red .. best case is it goes full green opening the possibility of a sell for profit on top. When I see that happen that’s when I sell the highest shares , take the profit and lower my cost average that gives me higher gains .. Imtry to make buys within my cost average also..
It’s a long term investment.. if you just put it in the DRIP and basically forget it .. just check on it ! That’s what I do with my long div positions …I could splurge on 20 lol -
Heck do it in smaller buys at lower cost if possible .. like 5 at a time day to day f it drops a few Pennie’s ad and lower the cost avg. if it goes up that going to raise the cost a pew Pennie’s but it still avgs out if you don’t let it run away to much lol remember it pays monthly and you have the choice to take the divs as cash or auto reinvest by the broker .. changing is a matter of clicking a button .I could splurge on 20 lol -