Berney; RE:" EWL - Switzerland WEB "
Check this out for me; says here that the EWL - Switzerland WEB has a dividend yield of > 8% ??
I just got some nice credits to my account (dividends paid AUG-31) from the EuroWEBS.
EWG - Germany, 1.31% yield
EWQ - France, 2.25% yield
EWP - Spain, 3.07% yield
EWD - Sweden, 5.41% yield
EWO - Austria, 6.90% yield
EWN - Netherlands, 7.19% yield
EWL - Switzerland, 8.01% yield
EWI - Italy, 8.39% yield
EWK - Belgium, 18.55% yield...
...I noticed that there was a big drop in price on or about 25-AUG (the ex-dividend date) - check out the EWK chart, it's very clear on that one.
So like, what they do is take the dividend out of the Net Asset Value of the WEB or something ? That's weird, man - I wasn't expecting that.
Unfortunately, no automatic D.R.I.P. for the EuroWEBS; though a $10 buck commission to do so manually is no big deal. Man - gotta move these things over to the tax-free account - they're out-performing my TaxFree BondFund. I think -? (^_^)
-Steve |
