Keen to know when your next dividends will be paid? See the schedule below.
In the 2020/21 financial year, Raiz reinvested over $14.27 million in dividends back into user accounts.
Dividend payment schedule
Below is a schedule on when we expect dividends to be paid by the ETFs found in the Raiz portfolios for the financial year ending 2022.
What is a Dividend?
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.
The underlying stocks of the ETFs which make up the Raiz portfolios pay dividends from time to time. The ETF provider pays these dividends out monthly, quarterly or twice yearly. All dividends received by Raiz will be automatically re-invested back into the chosen portfolio of your Raiz investment account
When you receive dividends will depend on what portfolio you are in.
A quick summary on each ETF payout:
- AAA (Cash) pays monthly
- IVV (S&P 500) pays quarterly
- IEU (S&P Europe 350) pays twice yearly
- STW (S&P 200) pays quarterly
- RCB (Corp. Bond) pays quarterly
- IAF (Composite Bond) pays quarterly
- ETHI (Sustainability) – pays twice yearly
- RARI (Responsible Investment) pays twice yearly
- IAA (S&P Asia 50) pays twice yearly
- FAIR (Australian Sustainable) pays twice yearly
- NDQ (Technology) pays twice yearly
- VGE (Emerging Markets) pays quarterly
- IOO (100 Global Companies) pays twice yearly
- IXJ (Global Healthcare) pays twice yearly
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If you have read all or any part of our email, website, or communication then you need to know that this is factual information and general advice only. This means it does not consider any person’s particular financial objectives, financial situation, or financial needs. If you are an investor, you should consult a licensed adviser before acting on any information to fully understand the benefits and risk associated with the product. This is your call but that is what you should do.
You may be surprised to learn that RAIZ Invest Australia Limited (ABN 26 604 402 815) (Raiz), an authorised representative AFSL 434776 prepared this information.
We are not allowed, and have not prepared this information to offer financial product advice or a recommendation in relation to any investments or securities. If we did give you personal advice, which we did not, then the use of the Raiz App would be a lot more expensive than the current pricing – sorry but true. You therefore should not rely on this information to make investment decisions, because it was not about you for once, and unfortunately, we cannot advise you on who or what you can rely on – again sorry.
A Product Disclosure Statement (PDS) for Raiz Invest and/or Raiz Invest Super is available on the Raiz Invest website and App. A person must read and consider the PDS before deciding whether, or not, to acquire and/or continue to hold interests in the financial product. We know and ASIC research shows that you probably won’t, but we want you to, and we encourage you to read the PDS so you know exactly what the product does, its risks and costs. If you don’t read the PDS, it’s a bit like flying blind. Probably not a good idea.
The risks and fees for investing are fully set out in the PDS and include the risks that would ordinarily apply to investing. You should note, as illustrated by the global financial crisis of 2008, that sometimes not even professionals in the financial services sector understand the ordinary risks of investing – because by their nature many risks are unknown – but you still need to give it a go and try to understand the risks set out in the PDS.
Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance. Those of you who cannot afford financial advice may be considering ignoring this statement, but please don’t, it is so true.
Under no circumstance is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz Invest or Raiz Invest Super.
This information may be based on assumptions or market conditions which change without notice and have not been independently verified. Basically, this says nothing stays the same for long in financial markets (or even in life for that matter) and we are sorry. We try, but we can’t promise that the information is accurate, or stays accurate.
Any opinions or information expressed are subject to change without notice; that’s just the way we roll.
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(ABN 26 604 402 815).