What Is Dividend In Mutual Fund?
21750 POINTSview profileJim WinklerCEO/Owner, Winkler Financial Group, Houston, TexasThat is a great question! A dividend is a share of a companies profits that they choose to pay back to their stockholders. The company decides on the amount of the profit to divide, the amount of the dividend, and whether or not to pay one at all. Hopefully your mutual fund is loaded with some companies paying out some fat, steady dividends to you! Thanks for asking!Answered on July 23, 2014flag this answer
11783 POINTSContact Meview profileLarry GilmorePROAgent Owner, Gilmore Insurance Services, Marysville, Washington StateWhat is a dividend in a mutual fund? A dividend is a way to pass profit onto investors that own shares via that fund. The dividends actually come from the different companies the mutual fund buys into that make up it's portfolio. The fund passes them along to the fund holders.Answered on October 11, 2015+01+1 this answer
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1976 POINTSview profileRonald HinchRegional Marketing Director, Capital Choice Financial Group,A dividend is a portion of the profits of the companies represented in the mutual fund portfolio. It is paid to the owners of the mutual funds or shareholders once per year. The dividends can be reinvested or taken as a check to the shareholder. Of course, the shareholder will pay taxes on the money even if reinvested.Answered on July 10, 2016flag this answer
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