Finding the Dividend Payout For a Security
There are many sites you can go to find dividend payable dates. Let's start with Yahoo! Finance and with the first security in the portfolio:
Step 1 is to go to the Yahoo! Finance link above and put in the symbol SCHX as shown:
Click "GET QUOTES." This takes you to a page with a lot of basic information. FYI: It provides real time prices during the trading day. Many sites provide prices on a 15-minute delayed basis. Also, note that it lists other stocks that viewers have looked at as well as the one you are getting a quote on. This is a good page for the beginning investor to putter around on.
In getting a quick idea of the dividend payout record, we want to click "Historical Prices" on the left side of the page as shown:
This takes us to :
So step 1 in creating the table is to do the above for each security and, for each one, create a line item showing the security, # of shares, dividend expected, and date expected. Eventually we want to get at the weighted yield of the portfolio.
As with many of these procedures, it takes longer to explain than it does to go through it. It is a great exercise for the DIY investor. I suggest that "newbies" try their hand at finding the amount of the dividend, etc. for the second issue in the portfolio above.