Gary, I enjoyed your recent ETF article (Is WisdomTree's DEM Too Good To Be True?) but have to ask you to explain something. You assert that DEM pays an @ 8% dividend, yet it has paid out less than 1% ($.488 per share in December '07)? Why the discrepancy?
It only pays the dividend annually in December. Its current SEC 30-day yield is 7.95% at today's market price. It would net less after annual expenses.
DEM began in June 2007, so it only paid roughly 50% of the annual yield, which at the time was closer to 5%. It should have paid 2.5% minus expenses. I can't explain why the dividend payment was roughly 1% when it should have been roughly 1.8%. Yet I am sure that WisdomTree would offer up a lame excuse.