Global X Funds Global X SuperDividend ETF SDIV Dividends

You must research each company to determine specific record dates, because each firm sets its own calendar. Conversely, shareholders who bought their shares on Tuesday, Aug. 6th (or earlier), would be entitled to receive a dividend since it's one business day before the ex-dividend date. The payable date can vary depending on the preferences of the company, but will always be the last of the four dates. The table below highlights what the key dividend dates might be in our example. An investor purchasing the stock today would likely want to make sure he or she is eligible for the company’s next quarterly dividend payment.

To understand the ex-dividend date, we need to understand the stages companies go through when they pay dividends to their shareholders. Below are the four key dates during the process of issuing a dividend. However, it still held stakes in a couple of Chinese and Hong Kong property developers like Shenzhen Investment Ltd. The fundamentals of the Chinese and Hong Kong property market look more destructive than the US as many developers are struggling with high debt. Currently, Hong Kong's stock exchange is hovering around ten-year lows, while Chinese stocks are experiencing significant losses due to the economic and property meltdown. Dividends are common dividends paid per share, reported as of the ex-dividend date.

The third stage is the ex-dividend date, which is the date that determines which of these shareholders will be entitled to receive the dividend. Typically, the ex-dividend date is set one business day before the record date. Shareholders who bought the stock on the ex-dividend date or after will not receive a dividend.

SuperDividend® ETF

Invesco Mortgage Capital (IVR), for instance, slashed its dividend for the third quarter of 2022 to retain cash. In addition, Armour Residential (ARR), Apollo Commercial (ARI), AGNC Investment Corp. (AGNC), and many more are experiencing unusually high yields, which may force them to slash dividends. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

  • Global X SuperDividend ETF's most recent monthly dividend payment of $0.3666 per share was made to shareholders on Thursday, February 13, 2020.
  • Practically speaking, the most important date for dividend investors to be aware of is the ex-dividend date.
  • You receive the dividend, You might forfeit the full share price otherwise, even if you receive the dividend.
  • As such, investors need to purchase before the company’s ex-dividend date.

You might be able to receive dividends ​and​ recoup the price drop of your shares by holding your stock until after the date of record and waiting for the next ex-dividend date. You must choose your selling date carefully if you own a stock that pays a dividend. You receive the dividend, You might forfeit the full share price otherwise, even if you receive the dividend. It's all a matter of timing, centered around something known as an "ex-dividend date." Enter your email address below to receive the newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. The record date and the ex-dividend date determine which shareholders are eligible to receive company dividends.

This and other information can be found in the Fund’s summary or full prospectuses. All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer. Please log in to your account or sign up in order to add this asset to your watchlist.

SDIV Dividend Payments

While the company’s Investor Relations page might not be the first result, it is still on the first page of the search engine and thus very easy to find. 3M has paid dividends for over a century, and has increased its dividend each year for the past 60 years in a row. Applying the same methodology yields similar results for industrial giant 3M Company (MMM), which has an even longer dividend history than AbbVie.

A Dividend Yield Trap

The stock enters the ​“ex dividend” period​ a business day or two before the record date. Companies set this date based on stock exchange or review make the deal the National Association of Securities Dealers rules. You can sell the stock after the ex-dividend date and still receive the dividend.

SDIV accesses 100 of the highest dividend paying equities around the world, potentially increasing a portfolio's yield. SDIV has a dividend yield of 13.26% and paid $2.78 per share in the past year. You must be a shareholder on or before the next ex-dividend xcritical overview date to receive the upcoming dividend. Customized to investor preferences for risk tolerance and income vs returns mix. The Dividend Aristocrats and Dividend Kings lists are not the only way to quickly screen for stocks that regularly pay rising dividends.

Two Real-Life Examples of the Dividend Payment Process

The Global X SuperDividend® ETF (SDIV) invests in 100 of the highest dividend yielding equity securities in the world. The most recent change in the company's dividend was a decrease of $0.0090 on Wednesday, December 4, 2019. William Helm, CFA, Portfolio Manager, joined the Adviser in September 2021.

If You Pay Taxes on Reinvested Dividends, Do You Have To Pay Again on Capital Gains?

Furthermore, its portfolio companies in the materials sector, including Vale S.A. (VALE), BHP Group (BHP), and Rio Tinto (RIO), have already cut their dividends due to a global economic downturn along with property and industrial slowdown in China. In a slowing demand environment, the pin bar trading strategy these companies could also cut dividends to tame high yields. In general, SDIV has a long list of portfolio holdings that have either cut or are likely to cut their dividends in the future. It is therefore highly possible that SDIV will cut its dividends in the near future.

ETF Risk Stats As of 09/30/23

As such, investors need to purchase before the company’s ex-dividend date. Thus, the ex-dividend date is the date that the company has designated as the first day of trading in which the shares trade without the right to the dividend. If you sell your shares on or after this date, you will, however, still receive the dividend. If you sell your shares before the ex-date, however, you would not be entitled to receive those dividends.

DIV has a dividend yield of 7.77% and paid $1.23 per share in the past year. The dividend is paid every month and the last ex-dividend date was Oct 4, 2023. The S&P 500 real estate sector has already lost 30% of its value in 2022 due to declining demand and rising interest rates. In the past few months, the Fed has raised rates multiple times to a range of 3.0 to 3.25 with expectations that rates will rise to over 4% by the end of the year.

Previously, Mr. Helm spent 14 years at Vanguard where he most recently served as an Equity Portfolio Manager and Trader. Previously, he held roles in Portfolio Review, Corporate Strategy and Corporate Finance. Mr. Helm received his BBA in Economics from Belmont University in 2007 and his MBA from Columbia Business School in 2020. Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Generate fixed income from corporates that prioritize environmental, social and governance responsibility. Add Global X Funds - Global X SuperDividend ETF to receive free notifications when they declare their dividends.

Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. If you find a company that ranks favorably according to a proven system such as the Sure Analysis Research Database, buy some shares and focus on holding the stock over the long-term. Additionally, make sure a company’s dividend is sustainable for the long run. This requires a company to have durable competitive advantages, a steadily profitable business model even during recessions, and a positive growth outlook. Investors should become familiar with all four terms before buying a dividend stock, as being able to identify these dates will help avoid any potential confusion.

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