{"id":3351,"date":"2018-07-27T05:31:03","date_gmt":"2018-07-27T05:31:03","guid":{"rendered":"https:\/\/raizinvest.com.au\/investors\/?p=3351"},"modified":"2023-07-11T03:09:36","modified_gmt":"2023-07-11T03:09:36","slug":"dividends-distribution-for-fy-2020","status":"publish","type":"post","link":"https:\/\/raizinvest.com.au\/investors\/blog\/dividends-distribution-for-fy-2020\/","title":{"rendered":"Investing in Stocks with Dividends \u2013 Distribution for FY 2019\/20"},"content":{"rendered":"

\"All<\/p>\n

Eager to know when your next dividends will be paid? Check out the dates below.<\/strong><\/p>\n

Last financial year, Raiz paid out over $8M in dividends back to our users.<\/strong><\/p>\n

 <\/p>\n

What is a Dividend?<\/h3>\n

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.<\/p>\n

Raiz users choose to invest in one of our six investment portfolios, that comprises a mix of nine different exchange traded funds (ETF). The underlying stocks of these ETFs which make up the Raiz portfolios pay dividends from time to time. The ETF provider pays these dividends out, quarterly or twice yearly.\u00a0 All dividends received by Raiz will be automatically re-invested back into your Raiz investment account, and your chosen portfolio. For more information on Raiz fees, click here<\/span>.<\/a><\/p>\n

See our blog on What is an ETF and how they differ<\/a>.<\/span><\/p>\n

When they are paid out will depend on what portfolio you are on.<\/p>\n

Below is a schedule on when we expect dividends to be paid by the ETFs accordingly for the financial year ending 2020.<\/p>\n

 <\/p>\n

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Note: These are estimated timings based from last year\u2019s payment schedule that will change. Please refer to each ETF provider\u2019s website for more details on exact dates when made available.<\/figcaption><\/figure>\n

 <\/p>\n

A quick summary on each ETF payout:<\/h3>\n