This is about a FTSE UK all share ETF (LU0292097747). I bought it for its high yield ~4%
Here is their dividend fact sheet
i bought 200k on April 20 this year
I thought it would be quarterly divs like any other ETF i've invested in before. Just researching now (having noticed i've not had any income) and i see its yearly
Since i bought a few days after the Ex day (april 9) does that really mean in april 2019 i don't get any dividend?
If so - what do i get paid for holding the etf in 2018 - nothing? If i do receive something, when is it paid?
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if the above was the case, then surely no one would invest in this etf until close to their EX Date
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if i was entitled to a dividend and sold before april, would the ETF still pay me in april for the time i held the product?
thnx 💖
Submitted October 20, 2018 at 10:45AM by jjscruff https://ift.tt/2J7sfZT
