facebookI have a very noob question... I have been transferring $100 per month into DBS STI ETF. Over the years, the dividends would be based on the total amount accumulated inside the ETF right? ? - Seedly

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Anonymous

20 Jul 2019

General Investing

I have a very noob question... I have been transferring $100 per month into DBS STI ETF. Over the years, the dividends would be based on the total amount accumulated inside the ETF right? ?

For eg if i pump in $100 per month, i would be $1200 in a year (taking in acc i ignore sales charge). And dividends for the year would be based on $1200? And the following year would be based on $2400 ($100 x 24 months)?

Discussion (3)

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In short, yes. Based on the units accumulated before ex-div

You would have receive the dividend statement from DBS. Your dividend would be debit into your account based on the number of units purchased. IF you pump in $100 every month, it would not mean you got the same number of units as the price will fluctuate

Hariz Arthur Maloy

19 Jul 2019

Independent Financial Advisor at Promiseland Independent

Dividends are paid per unit of the ETF you own....

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