Last month the divi was .12+
I called the issuing company and asked if it was more the norm,,answer: yes 6+ annual pct. expected
Now on Nov 1, it comes in at .07+ - that leaves it more in the 4+ % range
What's the answer here?
thanks in advance
Good question The only thought I have is they pay out as it comes in and of the 3 cycles this is the small one.
Market Vectors Preferred Securities Ex Financials ETF PFXF Dividend
Monthly For Dec $0.1010