Eager to know when your next dividends will be paid?
As well as gains on market returns, dividends (or distributions) is money paid by a company back to you, their shareholder, out of its profits.
Raiz users choose to invest in one of our six investment portfolios, including the recently launched Emerald portfolio that comprises a mix of nine different exchange traded funds (ETF). The issuers of these underlying ETFs which comprise the Portfolios pay dividends from time to time. All dividends received by Raiz will be automatically re-invested into your Raiz investment account.
When they are paid out will depend on what portfolio you are on. You will start to see these dividends appear in your account.
Above is a schedule on when we expect they will be paid by the ETFs accordingly for the financial year ending 2018.
A quick summary on each ETF payout:
· AAA (Cash) pays monthly
· IVV (S&P 500) pays quarterly
· IEU (S&P Europe 350) pays twice yearly
· STW (S&P 200) pays quarterly
· RCB (Corp. Bond) pays quarterly
· IAF (Composite Bond) pays quarterly
· ETHIC (Sustainability) – pays twice yearly
· RARI (Responsible Investment) pays twice yearly
· IAA (S&P Asia 50) pays twice yearly
Note: These are estimated timings that will change and are estimated from last year payment schedule.