Friday was a down day, but also at this time of year, some funds will show an unexpectedly large drop. That's when I check to see if they've gone ex-dividend. The extra shares will show up in your account in a couple days.
Quote from: geekette on December 21, 2015, 10:27:53 AMFriday was a down day, but also at this time of year, some funds will show an unexpectedly large drop. That's when I check to see if they've gone ex-dividend. The extra shares will show up in your account in a couple days. Yep. Today is Q4 dividend day for VTI.
Quote from: Tyler on December 21, 2015, 10:37:16 AMQuote from: geekette on December 21, 2015, 10:27:53 AMFriday was a down day, but also at this time of year, some funds will show an unexpectedly large drop. That's when I check to see if they've gone ex-dividend. The extra shares will show up in your account in a couple days. Yep. Today is Q4 dividend day for VTI.So what does that mean? Is it better to buy stocks on or right after the "dividend day"?
Quote from: MVal on December 21, 2015, 11:07:46 AMQuote from: Tyler on December 21, 2015, 10:37:16 AMQuote from: geekette on December 21, 2015, 10:27:53 AMFriday was a down day, but also at this time of year, some funds will show an unexpectedly large drop. That's when I check to see if they've gone ex-dividend. The extra shares will show up in your account in a couple days. Yep. Today is Q4 dividend day for VTI.So what does that mean? Is it better to buy stocks on or right after the "dividend day"?It doesn't matter if it's in a tax deferred account. If it's in a taxable account, then you'll have to pay taxes on the dividends. Say on 12/20 you bought shares at $10 each, and on 12/21 it went ex-dividend, dropped to $9/share and you got a dividend of $1 per share. Reinvested or not, you'll pay taxes on that $1 per share.