1.5 cents per share? Ridiculous considering the risk of holding this sorry ETF.
leveraged etfs aren't created as dividend plays.they are designed for trading and quick share appreciation.the dividend is incidental.if you are interested in dividends, buy T, VZ, etc.the only thing ridiculous here is you, rookie.
Just to make sure I understand. To get the divident, I need to hold my shares till the payable date (3/31/09)?Thanks!
I think you need to own on the record date, but maybe someone else knows better.
No .. You have to be a holder on the record date. Which means you had to buy it no later than today.You can sell it tomorrow and still get the dividend.