Dividends are coming! - Raiz Invest

Approximately $1.9 million worth of dividends are being paid out over the next couple of weeks, which means more ETFs reinvested into your Raiz account.

You can see the full expected dividend distribution schedule for this financial year here.

The dividends coming in October are from STW, IVV, RCB, AAA and IAF

 

What are Dividends?

As well as gains on market returns from investing, dividends (or distributions) is money paid by a company back to you, their shareholder, out of its profits.

Your chosen Raiz investment portfolio comprises of up to 7 different exchange traded funds (ETFs). ETFs are essentially just a combination of assets (such as stocks, cash or bonds), bundled together under one roof to form a single financial product that can be traded on the stock exchange.

The underlying stocks of these ETFs, which make up the Raiz portfolios, pay dividends from time to time. The ETF provider’s pays these dividends out monthly, quarterly or twice yearly.

All dividends received by Raiz will be automatically re-invested back into your Raiz investment account based on your chosen portfolio and balance.

 


 

Don’t have the Raiz App?

Download it for free in the App store or the Webapp below:

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Click to download the Raiz app

 

Important Information

The information on this website is general advice only. This means it does not take into account any person’s particular investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.

The information in this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.

Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.


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