If I own an ETF, how do I grasp my dividends?
I like the impression of ETF's vs. mutual funds, but I also like to seize my dividends. If I own an EFT with underlying stocks that settle dividends, how do I get the dividends? Do they come to me as a direct bread payment or are they somehow rolled into the attraction of the ETF?
Im tentative to the stock marketplace.Im reading...
Answer:They come as a direct cash fee. If you open an report with Scottrade and buy the EFTs within that account, after when the dividends are paid they will be deposited into that picture.
If you hold a choice of two...
the first is true but sharebuilder is the only site that I know of that allows you to reinvest into the ETF. The dividends are rewarded out according to the prospectus of that ETF (almost all have one in December while some hold one every quarter and a few has twice as year)
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