They used to pay every month a couple years abo, but since 2011 they slowed the dividend payments to once every other month and now there is virtually no way you can count on this dividend going forward. and if you are looking at yahoo finance's "yileld" or dividend return on their tip summary page, you are reading outdated and false information. no way will you be receiving a 2% div. Yield for this tip etf going forward. this 2% info is from many months ago for a prior 12 month period. this is no longer valid and something that investors should count on. you won't get that yield.
If you are relying on yahoo's summary page data for this or any other etf you are relying on false quoted data that is either outdated and/or completely false. in the case of the tip etf investors, the 2% showing in yield field window is outdated info and is absolutely not to be relied upon, because you will absolutely not be receiving this yield or any monthly yield for this specific etf as it no longer pays the historic monthly dividend each month that some have grown to count on. by now, you should know this if you've been looking at your broker or bank statement depending on how your are having your dividends routed to you at the beginning of each month. if you look back at the last 6 months you will catch the missed payments on several of these months. just don't want any of you to think you are getting something that this etf fund family has already stopped paying monthly. check each and every month's statment and if you aren't getting what you were wanting to get, if it was me, i would simply sell this fund and buy agg, mbb, tlh, etc.... Or any one of a dozen or more bond etfs still paying their reliable monthly dividend. you diserve better. have a wonderful day!!! got bless bond yields!!! i
(tip) barclays tips bond fund "dividend history"-no longer paying monthly : on 12/27/2011 the (tip) barclays tips bond fund stopped paying the usual dependable monthly dividend. Since this date, has turned to a tapering off and has missed several months of their usual dividend payments. so in other words, none of the current owners of "tip", the etf, have absolutely nothing to look forward to in terms of receiving a monthly stream of dividend income from "tip". at first, tip dividends were cut in half and only played 5 out of 10 months in 2012, but now it's confirmed that there will no longer be a "monthly dividend" to look forward. So those owning or thinking about buying this etf (tip), should look at agg, tlh, mbb, or any number of treasury bond or mortgage backed securities etfs that can be viewed from doing a google search of "etf list". i like using investipedia's etf list becasue they have a "bond etf" optional view to just view bond related etfs. hope this helps. please don't looke at yahoo finance's dividend yield or income yield data on their front pages for each etf when brousing etf's on yahoo finance, this is wrong and misleading data and often gives an old or outdated quote for yield.
Tip dividends are being suspended so i see no reason why those still buying "tip" etf are thinking they are getting something special or that they are going to be getting a dividend return of 2% or something? it's just not true. deflation reported yesterday and over past 3 years, continues to widen and deepen, and there is nothing to support tip and tips at this time. i feel there is a responsibility we each have to educate others when they likely will lose not earn a rate of return they are expecting. i would sell tip and buy something like tlt or agg or another bond etf that you find interesting. Because all of these will be gaining popularity with interest rates heading lower. tip is a higher interest rate investment choice and move up on higher prospects for rates going up on i-bonds and tips and anything linked to "inflation".
What is causing the recent drop in the TIPS fund? Is it just a case of TIPS being a risk-off vehicle while the risk on in equities continues? Or is it related to the performance of the dollar? I'm new to TIPS and trying to understand what makes this ETF move up/down.