Q: My wife is currently doing a little experiment ($2000) with this fund because we can't believe what we see.
This month the fund is paying out 1.447 per share and has paid out more than a dollar every month this year, though less in previous years. Given the share price of $20-22, that puts the dividend at around 7.5% per month which would be a pretty good yearly payout.
I'm of the mind that if something seems too good to be true, it probably is.
Can you walk me through this one?
I am of the mindset
This month the fund is paying out 1.447 per share and has paid out more than a dollar every month this year, though less in previous years. Given the share price of $20-22, that puts the dividend at around 7.5% per month which would be a pretty good yearly payout.
I'm of the mind that if something seems too good to be true, it probably is.
Can you walk me through this one?
I am of the mindset
