There is a brief story yesterday in the USA today explaining how ETF dividends work.
In addition to trading on exchanges like stocks, ETFs also share other features. The process for paying dividends is just like stocks: there is a date of record (the date in which the owners of the shares who will receive the dividend are determined), an ex-dividend date (the date an ETF is traded without the benefit of the current dividend is attached to the share), and a payments date (dividend is paid).
Nate is President of NovaDius Wealth Management, a registered investment advisor providing clients with comprehensive financial planning and portfolio management. Previously, Nate helped launch The ETF Store, an investment advisory firm specializing in Exchange Traded Funds.
He is the creator and host of the weekly podcast ETF Prime, which Bloomberg has called one of the “most helpful plain-English resources for investors who want to demystify exchange-traded funds”.
He is creator and Host of Crypto Prime, which features interviews with top experts from around the world on bitcoin, crypto, NFTs, and the entire web3 ecosystem.
Nate is also Co-Founder of The ETF Institute, the first and only independent organization providing ETF industry professionals and financial advisors with certification, education, and training pertaining to ETFs.
