Hi guys,
So these two ETFs track Canadian dividend aristocrats:
https://www.dividendchannel.com/symbol/xiu.ca/
https://dividendhistory.org/payout/tsx/XIU/
https://dividendchannel.com/symbol/zdv.ca/
https://dividendhistory.org/payout/tsx/ZDV/
And yes I know both funds are not completely identical, but I don’t think that explains why one has distributions that change like a yo-yo every month, while the other ZDV is far more stable.
What gives? Some dividend stocks pay monthly, some cut, the ETF rebalances every so often, I don’t get how ZDV can maintain such a smooth level of distributions… what’s the catch?
Are they not giving you all the money from dividends or something?
Thanks.
Submitted June 04, 2022 at 01:18AM by JusticeForSimpleRick https://ift.tt/oSKEDg4