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Over the past few days your timeline was probably flooded with beautiful screenshots of dividend notifications đŸ¤‘ You may also have seen #DividendStockvel and/or #DividendWatch2021

Cc @keletsovionah @lati_____

What is a dividend? Is it free money?

A thread… đŸ§µ
A dividend is a share of the profits paid by a company to its shareholders. A company can choose to pay dividends monthly, quarterly, twice a year or annually. South African dividend paying stocks often pay dividends twice a year (an interim and a final dividend).
Many US dividend paying stocks pay dividends quarterly. ETFs usually pay dividends quarterly or twice a year although some US ETFs pay monthly and others annually. Just remember that dividends are not guaranteed…
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