Dividend is a part of a company’s earnings that is distributed to its shareholders, who hold the stock for a long period of time, like two months to years. It’s a way to share company profits with their shareholders. Most of the time, dividends are paid in cash, but sometimes companies pay in the form of additional shares of stock. This dividend is decided by the board members of that company.
How Dividend pays and Types of Dividends?
Dividends are paid by the company as per company rules. Most of the time, the company paid dividends only quarterly (every three months).
Some types of dividends include the following.
- Cash Dividends: the dividend amount sent to your bank account linked to your brokerage firm partner
- Stock Dividends (Bonus Shares): The company shares an additional share with shareholders.
- Special Dividends: It is very rare, but when a company makes very good profits, then it is paid.
Does JEPI Pay monthly dividend?
Yes, JEPI pays monthly dividends to its shareholders. Its dividend yield is 7.09%, around $4.22 per share. .right now, its share value is around $52 to $60, and its name is JPMorgan Equity Premium Income ETF.
