dividend stocks and ETFs

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Joined: Wed Aug 26, 2009 1:05 pm

dividend stocks and ETFs

Post by kjm »

I have two questions regarding ETFs that hold dividend-paying stocks.

1 Let's say I own VYM. It holds AT&T which currently sports a 6% dividend yield. How does VYM return the value of that dividend to me? Does the NAV increase by a corresponding amount every time T pays out that dividend?

2 Why hasn't VYM paid out a dividend since June of last year?

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I just realized I posted this in the wrong forum (sorry!). Can a mod please delete?
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