{"id":8051,"date":"2021-07-01T02:35:41","date_gmt":"2021-07-01T02:35:41","guid":{"rendered":"https:\/\/raizinvest.com.au\/investors\/?p=8051"},"modified":"2024-01-19T09:46:25","modified_gmt":"2024-01-19T09:46:25","slug":"raiz-expected-dividend-distribution-schedule-fy-2023-24","status":"publish","type":"post","link":"https:\/\/raizinvest.com.au\/investors\/blog\/raiz-expected-dividend-distribution-schedule-fy-2023-24\/","title":{"rendered":"Raiz expected dividend distribution schedule FY 2023\/24"},"content":{"rendered":"

\"Portfolios<\/p>\n

Keen to know when your next dividends will be paid? See the schedule below.<\/p>\n

In the 2022\/23 financial year, Raiz reinvested over $34.44 million in dividends back into user accounts. <\/p>\n

 <\/p>\n

Dividend payment schedule<\/h3>\n

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 2024.<\/p>\n

\"Raiz-ETF-Dividend-Dates\"
Note: Some of these dates are estimated timings based from last year\u2019s payment schedule which could change. Please refer to each ETF provider\u2019s website for more details on exact dates when made available.<\/figcaption><\/figure>\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

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.\u00a0 All dividends received by Raiz will be automatically reinvested back into the chosen portfolio of your Raiz investment account.<\/p>\n

When you receive dividends will depend on what portfolio you are in.<\/p>\n

 <\/p>\n

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