Hi everyone!
Quick question about how the P&L is normally calculated. I have investments with Questrade and was looking at the P&L of my investments lately and I was wondering if it takes into account the dividends payments?
For example, let's say I have negative P&L of 300$ (300$ loss) in an account with ETF's that paid dividends couple time since I first invested at the beginning of the year. For the sake of this example, let's say it paid 50$ in dividends up to now.
So, is the P&L a direct capital gain loss or does it includes dividends payments? In other words, did I lose 350$ in capital gains and gained 50$ in dividends for a total of 300$ loss or did I lose 300$ in capital gains and earned 50$ in dividends that are not taken into account in the P&L? If it is the latter, how can I know the ''net P&L'' including dividends payments ?
Thanks!
***Edit : I contacted Questrade and it doesn't take dividends into account, only the difference between purchase price and actual price.
This would lead to another question : What the best way to know your net profit or loss including everything (mainly dividends)? Would you have to calculate by yourself? ***