SPDR S&P 500 ETF (SPY) is trading around $210 US
The dividend was last paid on 2014-12-19 for 1.135
If i have one share of SPY how much will i get back as dividend ?
If i have 10 shares of SPY how much will i get back as dividend ?
Finance, Stock?
Details:
Answers (1)
given the date of the payment it seems to me to be a quarterly dividend payment. so, the anual dividend would be ~4.54. usually, big listed companies target a high 1 digit increase yearly (That seems to be a S&P 500 composite index ETF). So, you could forecast a yoy increase of ~0.40 which will give you a an annual dividend in the area of 4.94 which is roughly 2.5% ROI
so, for 10 shares ~ 49.4