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Owen Raszkiewicz

πŸ‘€ Speaker
1164 total appearances

Appearances Over Time

Podcast Appearances

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

The board of directors has the right to not pay a dividend.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

There are certain instances where they can't pay dividends for financial reasons.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

So they could be going out of business.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

If they don't have enough assets to cover their liabilities, these types of things, they won't.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

They're not allowed to.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

But it's up to them.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

And what they will do...

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

If you find their annual report or their media release, which typically is in your brokerage account when they release their annual report, they'll say there's a dividend of this much on this date, etc.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

But then they might also have a dividend policy that's in the annual report.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

Or they might just say in the media release, the board of directors resolved not to pay a dividend to shareholders this year.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

This is the thing, dividends are not guaranteed.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

You can look at historical figures, go into your brokerage account, go to Morningstar, go to any of those data providers, and you will see companies that have a consistent track record of dividends.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

That still doesn't mean they'll pay one next year because they're not guaranteed, but it's a really good question because dividends can be oh so juicy when they do roll in.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

If you're new to dividends, make sure you keep an eye out for where your dividends are going.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

If you're getting them by check, which is pretty strange these days, you might be.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

Just make sure you open all your mail.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

Go to computer share, go to link market services, all the big share registries and register to have your dividends paid as cash or a dividend reinvestment plan.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

Yeah, we try and summarize the, because the ETF providers sometimes bury the how often it pays a dividend.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

Yeah.

Australian Finance Podcast
Q&A: Owning 10 ETFs, 263% gains, negative rates & saving cash at uni

So we tried to summarize that on our best ETFs website.