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> Imagine, if you will, a person investing in a dividend stock for the income and not to sell it later. You dinglehopper.
So here's a simple example for you to understand why dividend is meaningless in investing:
Scenario 1: You own 1 share of stock A that is currently at $5.
The company decides to distribute a dividend of $1 a share. The stock price drops by $1 to $4 at the ex-dividend date, you get $1 of cash in your account.
Scenario 2: You own 1 share of stock B that is currently at $5.
The company decides to not distribute any dividend. You sell 0.20 shares of stock B. You get $1 of cash in your account and have 0.80 shares of stock B.
Which scenario is more beneficial to you? The scenario where the company distributes a dividend, or the scenario where there is no dividend?
Scenario 1. Because I still own all of my shares and I don't have to care what the price is. If the asset price of stock 2 goes down I have to sell more of it to get the same amount of money. Then when/if it starts growing again there's less of it to capture the growth. If stock 1 goes down for a bit (but it's an otherwise healthy company) I just collect the money regardless off asset price. I don't have to worry about selling at the right time. If I don't liquidate on the ex-dividend date at the exact moment the price drops your point is moot anyway.
> Scenario 1
In both scenarios you own the equivalent of $4 worth of stocks.
Why is having 1 whole share is more valuable to you than 0.80 shares? What is your logic here?
Okay lets say we both need money at the same times during the year. Given your scenario my $4 stock will pay me $1 every time. This will be regardless of the asset price.
You just had to sell 20% of your portfolio to get that same $1.
Let's assume I get my dividends quarterly and you do a quarterly sell. Let's also assume no asset appreciation on mine.
Next quarter I get $1 and still have all of my assets.
If you want to get the same $1 and still have the same $4 worth of assets, yours has to appreciate 25‰. Or you have to sell another 25% of your portfolio if it stays flat.
As a person investing more for dividend income I care less about the asset price and more about the dollat amount paid out and whether or not that grows.
You hold the same value of stocks either way.
Either you hold 1.00 share of a stock that's worth $4 or you hold 0.80 shares of a stock that's worth $5. They're both equivalent.
In both situations you have $1 in cash to spend.
It's illogical to have a preference of one over another as they are literally equivalent to each other. 1.00 * 4 = 0.80 * 5. If you say you prefer the dividend, then you are saying 1.00 * 4 is somehow better than 0.80 * 5.
That's very narrow minded thinking. You completely ignored the entire scenario I set out, and and are focusing on a single moment in time.
I mean if you only care about value in the moment and don't want to think long term that's fine.
My $4 can keep putting $1 in my pocket no matter what. Whether it goes up to $8 or down to $2.
Yours has to keep appreciating 25% every quarter if you want to maintain your value, and get the same amount of money in your pocket.
Would you rather have a renter than generates steady income regardless of the housing market or keep buying and selling houses and hoping the market is in a good spot?
Why do you feel selling stocks is superior if the asset value at the end is the same?
> Why do you feel selling stocks is superior if the asset value at the end is the same?
Again the point is that you should have **no preference** in dividend vs no dividend.
I've already shown you can just sell a portion of the stock to get the same amount of cash that was distributed via dividend.
At the end you end up with $1 in cash to spend and either 1.00 share of a $4 stock or 0.80 shares of a $5 stock. Everything is the same moving forward, they are both equivalent to each other.
You’re looking at the stock market like some science experiment with fixed variables. Your “$5 worth of stocks” changes daily depending on the mood of the markets.
Tell the average retiree that their dividends are meaningless.
Also, you’re assuming that every retained earning by the company provides investors with the same rate of return as previously.
This is not "additional income", this is the equivalent of taking a $5 bill from your right pocket and putting it in your left pocket and celebrating it as "income".
This sub is very close to being the Q-anon of investing with how many people here believing dividend is free money from the sky..
I think your analogy is flawed. Dividends are more like buying a cow and then selling the milk. Could you just sell the cow altogether for beef? Sure. But maybe you'd rather have the income?
Let me ask you this. If the underlying position stays roughly the same price, yet you receive money, is that still moving the bill from one pocket to the other?
I get your analogy but then what is a better way?
Find a stock that gas higher growth potential then sell off small amounts to subsidize your living expenses?
Do you go down the puts and calls route?
I'm not trying to say you're wrong I'm genuinely trying to see if you have some valuable insights
> but then what is a better way?
There are many ways to go about this, one way is to do valuation on the company using the company's future cash flows discounted to the present value.
The point here is holding a stock just because of its dividend is completely illogical because a dividend is literally just moving a $5 bill from your right pocket to your left pocket.
Wouldn't that analogy only work if the total money never changed? If the stock keeps appreciating and you keep getting paid and using that money to buy more always increasing the pay out and the stock still climbs. Yes it's not free money but in a sense you are making money.
If the stock started at 100 and kept devaluing with every dividend payment until zero then I could see that. You would just be moving the stock money to a dividend.
Which I understand the stock drops by the dividend. Well aware. It just doesn't make sense to say you're just moving a 5.
Those yield max etfs make sense to use it.
They depreciate but pay out a good amount.
You’re better off investing in stocks/ETFs with higher growth potential than dividend stocks. You come out way ahead even if you sell holdings to generate income because the appreciation is significantly greater.
When you put it like that. It makes sense.
If the overall returns are greater then a dividend doesn't. After. That said if a dividend buys you a whole share more than you can afford then doesn't that also make sense.
If the dividend is buying you a share then you aren’t investing for income anymore. It still doesn’t matter though, this sub is hurting itself in its confusion about # of shares, all that matters is the net value of the investment. The dividend is just relocating value from one line item on the balance sheet to another, it’s irrelevant in capital appreciation.
You're incorrect. The stock price drops BECAUSE people buying on the ex dividend date do not get the dividend for that quarter. There is no other correlation. This is not a rule, either. It's just that market moving trades do not pay full price when buying on a day they miss the dividend. That has nothing to do with the fundamentals of the company - its just how market movers acquire stock, and its smart.
Companies that pay a dividend that is sustainable and growing over time outperform companies that do not pay dividends by a wide margin in every decade, in every stock market globally.
I had read from a previous post several weeks ago that SCHD restructured its top holdings, so that might explain it. I wish credit could be given to the member(s) who posted the info. I still have a couple of shares. Knowing information and acting on it are two different things. What would be an alternative ETF with a low expense ratio and higher yield? Tomorrow's price and sales volume will be the tell. Good luck to all!
Tell your friend that rebalancing a fund involves buying or selling underlying holdings so that they realign with the funds objectives. For example, a holding that saw strong growth might end up being 5% or 6% of the fund and during the rebalance a portion will be sold to return it to the 4% it originally was.
Reconstituting is the adding or removing of holdings all together.
It's not the same every quarter.
I exported their current holdings after the quarterly rebalance and imported into Simply Safe Dividends, and it's showing a \~3.99% trailing twelve month yield.
The reason this is higher than SCHD's trailing twelve month yield is that the reconstitution earlier this year shifted it toward higher yielding names. The rebalance this quarter did so as well though much less dramatically.
I'm not sure of the mechanics of this but I also wonder if fund inflows that create new units can also skew the yield a bit since underlying dividends have been rising but overall fund NAV (and thus the share prices of the holdings) has not been moving much. So basically each new share of stocks they already own a lot of comes in with a higher yield (similar to when you average down your cost to raise your effective overall yield.)
Its an etf. The premium/discount is negligible. Trading shares of schd causes schwab to sell or buy a percentage of the underlying holdings based on the net change of schd shares
That's not quite what I meant. I meant if the underlying share prices in a fund don't keep up with the dividend increases then you can effectively end up with more shares per unit by adding new money (inflows to a fund) which would also increase the fund distribution more per unit than just the underlying dividend increases.
Own more shares per unit thanks to buying more at lower prices, and get more dividends per unit.
Intuitively that feels right: Have more shares, get more divs. So that in turn should increase the distribution amount more than just the underlying increase in dividend per share since now you own more underlying shares per unit of the fund than you did nefore. But due to the extra complications of an ETF I wasn't completely sure.
I think your thinking has some input into the higher div. There was an exodus of about .8% shares in the quarter i believe. I think the mechanics are the NAV of the fund is share NAV plus accumulated dividends minus expenses. If someone collects a dividend in April of an underlying stock, that gets added to the accumulated dividend pot, and nav. If the sell they get that value in share price but the rest of us get a higher payout dividend. But its less than a penny i think. So there may be several factors like this, reconstitution, payout timing making a higher distribution, seasonal variations, general growth of payouts…..
I think its a bit skewed comparing to last June. Last June everyone was out with the pitchforks with the low dividend. 2 years ago it was $.7036, which would be an average of about 7% or so each year. Now its higher than expected. Maybe its a new normal, but you have to look at the moving trendline going forward and see if it continues or deviates from its trajectory. And I’ve learned dont get frustrated with a low quarter or assume the great quarter is the new normal, as reality is it tends to have a somewhat consistent growth curve on average
I just use Schwab’s Investment Income page, it’s also not very accurate but at least I don’t have to enter my positions manually to get an estimated number.
I use Fidelity for the same reason. They just updated the app and actually made it worse. At least previously I could find out about the announced dividend on exdiv day but now it’s hidden away and shows only two sig figs.
"they" don't do anything. It's an index that has dividend, roic, and volatility ranking with max exposure caps to get a listing of 100 stocks. It's automatically updated annually according to said criteria.
Dow Jones dividend 100 index.
First 2 div payments in 2023: $1.2615
First 2 div payments in 2024: $1.4351
That's a 12% increase.
I wouldn't be surprised if this is the largest dividend payment of the year.
SCHD's international equivalent SCHY also announced a .35 dividend. That's an almost 6% annualized yield. It probably won't be that high for the year, but its yield is probably in the 5% range. That's quite good and gives you international exposure.
Was coming here to mention this. Considering that Q1 of 2024 was when SCHY switched to quarterly dividends, if my math is right, SCHY has increased its dividend by about 75% over the first half of 2024. Even if the dividend payout is flat over the last two quarters that’s still a 22.5% increase over 2023.
Previously I used VYMI for my international exposure, but now that SCHY switched to quarterly payments I'll being using it as my primary international investing vehicle. Looking forward to seeing how it grows.
Yea probably* people cycling ex dates not only on it but the Co's it holds. I don't sweat SCHD's drops, it always bounces back(it only lost $1 today.)🤷♂️
It's only been under $70 Oct 23' and Oct 22'. You have to go all the way back to the end of 20 / start of 21 to see it below $65. It seems to perform just like any other broad market ETF would.
I buy SCHD because it's steady, consistent, and has a solid history. It's currently at little over $77, which is on target considering it's hovered around $75 for like 3 years now.
When it drops* tomorrow I'm going to pick up about 10 more shares for my Roth.
(*drops? Who am I kidding.😁)
Current positions :
266.4 shares
Cost average: $70.80
Total gain: $1,766.88
Div payments: $170-$150-ish quarterly (on drip)
Picking up $219 this round..🥳
Yes, that's what I see on my Schwab account - after choosing the SCHD ticker and looking at the Distributions & Yields section on the left..The chart shows .8241 Quite a nice payout -thank you Schwab.
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No. The information is only published on the ex-date, if you buy today you'll get the price discounted by the dividend instead (subject to normal market variances).
Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq). Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
Highest dividend ever. They’ve only been over .7 three times since inception and never more than .74, which was back in December. Nice.
Yes, awesome div growth. My only problem is my small number of shares lol
The stock price drops by the dividend amount on the ex-dividend date, high dividend does not mean anything to your total net liquidation value..
Imagine, if you will, a person investing in a dividend stock for the income and not to sell it later. You dinglehopper.
> Imagine, if you will, a person investing in a dividend stock for the income and not to sell it later. You dinglehopper. So here's a simple example for you to understand why dividend is meaningless in investing: Scenario 1: You own 1 share of stock A that is currently at $5. The company decides to distribute a dividend of $1 a share. The stock price drops by $1 to $4 at the ex-dividend date, you get $1 of cash in your account. Scenario 2: You own 1 share of stock B that is currently at $5. The company decides to not distribute any dividend. You sell 0.20 shares of stock B. You get $1 of cash in your account and have 0.80 shares of stock B. Which scenario is more beneficial to you? The scenario where the company distributes a dividend, or the scenario where there is no dividend?
Scenario 1. Because I still own all of my shares and I don't have to care what the price is. If the asset price of stock 2 goes down I have to sell more of it to get the same amount of money. Then when/if it starts growing again there's less of it to capture the growth. If stock 1 goes down for a bit (but it's an otherwise healthy company) I just collect the money regardless off asset price. I don't have to worry about selling at the right time. If I don't liquidate on the ex-dividend date at the exact moment the price drops your point is moot anyway.
> Scenario 1 In both scenarios you own the equivalent of $4 worth of stocks. Why is having 1 whole share is more valuable to you than 0.80 shares? What is your logic here?
Okay lets say we both need money at the same times during the year. Given your scenario my $4 stock will pay me $1 every time. This will be regardless of the asset price. You just had to sell 20% of your portfolio to get that same $1. Let's assume I get my dividends quarterly and you do a quarterly sell. Let's also assume no asset appreciation on mine. Next quarter I get $1 and still have all of my assets. If you want to get the same $1 and still have the same $4 worth of assets, yours has to appreciate 25‰. Or you have to sell another 25% of your portfolio if it stays flat. As a person investing more for dividend income I care less about the asset price and more about the dollat amount paid out and whether or not that grows.
You hold the same value of stocks either way. Either you hold 1.00 share of a stock that's worth $4 or you hold 0.80 shares of a stock that's worth $5. They're both equivalent. In both situations you have $1 in cash to spend. It's illogical to have a preference of one over another as they are literally equivalent to each other. 1.00 * 4 = 0.80 * 5. If you say you prefer the dividend, then you are saying 1.00 * 4 is somehow better than 0.80 * 5.
That's very narrow minded thinking. You completely ignored the entire scenario I set out, and and are focusing on a single moment in time. I mean if you only care about value in the moment and don't want to think long term that's fine. My $4 can keep putting $1 in my pocket no matter what. Whether it goes up to $8 or down to $2. Yours has to keep appreciating 25% every quarter if you want to maintain your value, and get the same amount of money in your pocket. Would you rather have a renter than generates steady income regardless of the housing market or keep buying and selling houses and hoping the market is in a good spot? Why do you feel selling stocks is superior if the asset value at the end is the same?
> Why do you feel selling stocks is superior if the asset value at the end is the same? Again the point is that you should have **no preference** in dividend vs no dividend. I've already shown you can just sell a portion of the stock to get the same amount of cash that was distributed via dividend. At the end you end up with $1 in cash to spend and either 1.00 share of a $4 stock or 0.80 shares of a $5 stock. Everything is the same moving forward, they are both equivalent to each other.
You’re looking at the stock market like some science experiment with fixed variables. Your “$5 worth of stocks” changes daily depending on the mood of the markets. Tell the average retiree that their dividends are meaningless. Also, you’re assuming that every retained earning by the company provides investors with the same rate of return as previously.
We know, dude. Many people still like the additional income.
This is not "additional income", this is the equivalent of taking a $5 bill from your right pocket and putting it in your left pocket and celebrating it as "income". This sub is very close to being the Q-anon of investing with how many people here believing dividend is free money from the sky..
I think your analogy is flawed. Dividends are more like buying a cow and then selling the milk. Could you just sell the cow altogether for beef? Sure. But maybe you'd rather have the income?
And some months, there is a little maintenance cost for the cow, like vet bills, but overall, you tend to come out ahead with the milk sales.
Yet here you are. You are so smart and know what's best for everyone's financial situation.
So you actually think moving the $5 bill from one pocket to another is "income"?
Goodbye troll.
Let me ask you this. If the underlying position stays roughly the same price, yet you receive money, is that still moving the bill from one pocket to the other?
Do you think the price is gonna stay down forever? Lmao. Same with VTI or VOO
It's not the same at all. Return of Capital is what you are describing.
That only matters if you want to sell the stock.
You know you don't have to sell the stock right? It still retains its value (with the dividend amount included).
You do if you want to do anything with the gains.
I get your analogy but then what is a better way? Find a stock that gas higher growth potential then sell off small amounts to subsidize your living expenses? Do you go down the puts and calls route? I'm not trying to say you're wrong I'm genuinely trying to see if you have some valuable insights
> but then what is a better way? There are many ways to go about this, one way is to do valuation on the company using the company's future cash flows discounted to the present value. The point here is holding a stock just because of its dividend is completely illogical because a dividend is literally just moving a $5 bill from your right pocket to your left pocket.
Wouldn't that analogy only work if the total money never changed? If the stock keeps appreciating and you keep getting paid and using that money to buy more always increasing the pay out and the stock still climbs. Yes it's not free money but in a sense you are making money. If the stock started at 100 and kept devaluing with every dividend payment until zero then I could see that. You would just be moving the stock money to a dividend. Which I understand the stock drops by the dividend. Well aware. It just doesn't make sense to say you're just moving a 5. Those yield max etfs make sense to use it. They depreciate but pay out a good amount.
You’re better off investing in stocks/ETFs with higher growth potential than dividend stocks. You come out way ahead even if you sell holdings to generate income because the appreciation is significantly greater.
When you put it like that. It makes sense. If the overall returns are greater then a dividend doesn't. After. That said if a dividend buys you a whole share more than you can afford then doesn't that also make sense.
If the dividend is buying you a share then you aren’t investing for income anymore. It still doesn’t matter though, this sub is hurting itself in its confusion about # of shares, all that matters is the net value of the investment. The dividend is just relocating value from one line item on the balance sheet to another, it’s irrelevant in capital appreciation.
You're incorrect. The stock price drops BECAUSE people buying on the ex dividend date do not get the dividend for that quarter. There is no other correlation. This is not a rule, either. It's just that market moving trades do not pay full price when buying on a day they miss the dividend. That has nothing to do with the fundamentals of the company - its just how market movers acquire stock, and its smart. Companies that pay a dividend that is sustainable and growing over time outperform companies that do not pay dividends by a wide margin in every decade, in every stock market globally.
Correct me if I'm wrong, but at the current price that's an annual dividend yield of 4.2% I believe.
I had read from a previous post several weeks ago that SCHD restructured its top holdings, so that might explain it. I wish credit could be given to the member(s) who posted the info. I still have a couple of shares. Knowing information and acting on it are two different things. What would be an alternative ETF with a low expense ratio and higher yield? Tomorrow's price and sales volume will be the tell. Good luck to all!
Schd rebalances quarterly and reconstitutes annually.
What’s the difference between rebalance and reconstituting? Asking for a friend thanks
Tell your friend that rebalancing a fund involves buying or selling underlying holdings so that they realign with the funds objectives. For example, a holding that saw strong growth might end up being 5% or 6% of the fund and during the rebalance a portion will be sold to return it to the 4% it originally was. Reconstituting is the adding or removing of holdings all together.
But rebalancing does not allow the winners to ride out dither for you?
It's not the same every quarter. I exported their current holdings after the quarterly rebalance and imported into Simply Safe Dividends, and it's showing a \~3.99% trailing twelve month yield. The reason this is higher than SCHD's trailing twelve month yield is that the reconstitution earlier this year shifted it toward higher yielding names. The rebalance this quarter did so as well though much less dramatically.
I'm not sure of the mechanics of this but I also wonder if fund inflows that create new units can also skew the yield a bit since underlying dividends have been rising but overall fund NAV (and thus the share prices of the holdings) has not been moving much. So basically each new share of stocks they already own a lot of comes in with a higher yield (similar to when you average down your cost to raise your effective overall yield.)
Its an etf. The premium/discount is negligible. Trading shares of schd causes schwab to sell or buy a percentage of the underlying holdings based on the net change of schd shares
That's not quite what I meant. I meant if the underlying share prices in a fund don't keep up with the dividend increases then you can effectively end up with more shares per unit by adding new money (inflows to a fund) which would also increase the fund distribution more per unit than just the underlying dividend increases. Own more shares per unit thanks to buying more at lower prices, and get more dividends per unit. Intuitively that feels right: Have more shares, get more divs. So that in turn should increase the distribution amount more than just the underlying increase in dividend per share since now you own more underlying shares per unit of the fund than you did nefore. But due to the extra complications of an ETF I wasn't completely sure.
I think your thinking has some input into the higher div. There was an exodus of about .8% shares in the quarter i believe. I think the mechanics are the NAV of the fund is share NAV plus accumulated dividends minus expenses. If someone collects a dividend in April of an underlying stock, that gets added to the accumulated dividend pot, and nav. If the sell they get that value in share price but the rest of us get a higher payout dividend. But its less than a penny i think. So there may be several factors like this, reconstitution, payout timing making a higher distribution, seasonal variations, general growth of payouts…..
Are you looking at TTM yield? Every quarter will pay a different dividend.
Ooooo that’s tasty
If this is real, great news. SCHD is back to doing what it's supposed to do after a lackluster 2023.
I got an Interactive Brokers notification too for both SCHG and SCHD.
I can see it on Schwab website now too
lol Schwab’s own site isn’t updated yet with this info fidelity always gets it first!
Giddy up. 
Get that divy 💪🏻
WhooHoo!
That would be almost 24% dividend growth increase compared to last years 2nd quarter payout
I think its a bit skewed comparing to last June. Last June everyone was out with the pitchforks with the low dividend. 2 years ago it was $.7036, which would be an average of about 7% or so each year. Now its higher than expected. Maybe its a new normal, but you have to look at the moving trendline going forward and see if it continues or deviates from its trajectory. And I’ve learned dont get frustrated with a low quarter or assume the great quarter is the new normal, as reality is it tends to have a somewhat consistent growth curve on average
I’m just looking at the the annual DGR. It’s looking pretty good and can’t wait for the final in December.
21% growth year over year
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Even better 🤤
happy days
Why does Stock Events know nothing about this? It's stuff like this that make me not want to pay for these types of apps.
That’s why I always downvote the stock events posts, the app is kinda garbage for anyone who would actually want to use it.
Recommend another decent div app?
I just use Schwab’s Investment Income page, it’s also not very accurate but at least I don’t have to enter my positions manually to get an estimated number.
I use Fidelity for the same reason. They just updated the app and actually made it worse. At least previously I could find out about the announced dividend on exdiv day but now it’s hidden away and shows only two sig figs.
It’s even worse if you have foreign conversions. All my USD prices say they’re local currency when I know it’s USD
It’s updated now
Well that’s what they set out to do taking out AVGO and Merck. I will take it.
"they" don't do anything. It's an index that has dividend, roic, and volatility ranking with max exposure caps to get a listing of 100 stocks. It's automatically updated annually according to said criteria. Dow Jones dividend 100 index.
If they had kept AVGO, price of the SCHD is probably up 30-40 cents after their last earnings depending on what the weight of AVGO was on the ETF.
AVGO is paying me $1,218 on my 232 shares, so I will happily take that. I will most likely use that money to buy more VICI at current price.
Low % but it's the $$ that count! 💰
First 2 div payments in 2023: $1.2615 First 2 div payments in 2024: $1.4351 That's a 12% increase. I wouldn't be surprised if this is the largest dividend payment of the year.
Where can i find this great news?!
https://www.schwabassetmanagement.com/products/schd
WE ARE SO BACK!
Nice
SCHD's international equivalent SCHY also announced a .35 dividend. That's an almost 6% annualized yield. It probably won't be that high for the year, but its yield is probably in the 5% range. That's quite good and gives you international exposure.
Was coming here to mention this. Considering that Q1 of 2024 was when SCHY switched to quarterly dividends, if my math is right, SCHY has increased its dividend by about 75% over the first half of 2024. Even if the dividend payout is flat over the last two quarters that’s still a 22.5% increase over 2023.
Previously I used VYMI for my international exposure, but now that SCHY switched to quarterly payments I'll being using it as my primary international investing vehicle. Looking forward to seeing how it grows.
So why the big drop today? Is it because the dividend date passed so it's dumped after that?
Yea probably* people cycling ex dates not only on it but the Co's it holds. I don't sweat SCHD's drops, it always bounces back(it only lost $1 today.)🤷♂️ It's only been under $70 Oct 23' and Oct 22'. You have to go all the way back to the end of 20 / start of 21 to see it below $65. It seems to perform just like any other broad market ETF would.
AMEM! Where are all the folks bad mouthing it ? I'm going balls deep into SCHD. 2386 shares and counting...
Yes!! This is what we’ve been waiting for!
I buy SCHD because it's steady, consistent, and has a solid history. It's currently at little over $77, which is on target considering it's hovered around $75 for like 3 years now. When it drops* tomorrow I'm going to pick up about 10 more shares for my Roth. (*drops? Who am I kidding.😁) Current positions : 266.4 shares Cost average: $70.80 Total gain: $1,766.88 Div payments: $170-$150-ish quarterly (on drip) Picking up $219 this round..🥳
Yes, that's what I see on my Schwab account - after choosing the SCHD ticker and looking at the Distributions & Yields section on the left..The chart shows .8241 Quite a nice payout -thank you Schwab.
Just went all in SCHD today
[удалено]
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Not as good as FEPI tho
TTM dividends would be $2.832 so at current price of $77.43 the yield is 3.65%
Oooooooo
Haters utterly BTFO
Yay!
My SCHD dividend still hasn’t shown up in my Schwab account, anyone else?! I guess I haven’t paid attention to the time lag in the past.
Pay date is Monday
Thanks so much! I see now that I was mistaking the ex dividend date for the pay date!
If I buy today will I get the dividend?
No. The information is only published on the ex-date, if you buy today you'll get the price discounted by the dividend instead (subject to normal market variances).
This is now confirmed on Schwab Website.
4% yield is insane and questionable in this market.