Quote:
Originally Posted by dhutton
Not a stock ogre, a stock guru... Close, but different... 
Marketwatch.com shows the dividend yield as 3.4% which is why I thought it was OK. If it is 2.5% then I agree, I picked another turkey, no argument. Any idea why the difference between the two yields?
I'm also curious what is considered a respectable yield. 4%?
Thanks again,
Don |
Well --- the dividend VARIES because it depends on what is making up the ETF during any particular quarter etc. but I see it as under 3% --- and that's primarily because the NAV (NET ASSET VALUE) has been rising --- when the share price - or in this case the NAV rises the % paid goes down.
By the way ---- if you have two different accounts -- NEVER buy the same names in each account. Remember that DIVERSITY means to diversify. Regardless of what account money is in -- it's still ALL you're money and you want to be diversified. So it doesn't make sense to double up like that. If you want to buy ETF's then buy one different one in each account.