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I noticed that some dividend ETFs prices went down during the COVID period. Exampleenter image description here which went down. What does it mean to dividend per share and does it mean I will get better yields per share when it will go it previous performance?

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  • Dividends went down to a third or a quarter compared with the past terms, over the past months. The value of the yield in percent has no meaning. – Bernhard Döbler Jul 18 '20 at 9:41
  • Dividends per share remain constant unless an underlying company raises, lowers or suspends a dividend. Yield is just a function of dividend per share divided by share price. – Bob Baerker Jul 18 '20 at 12:41
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What does it mean to dividend per share and does it mean I will get better yields per share?

It depends on the terms of the ETF. If the dividend amount in constant, then yes, you would get a better yield simply because yield is dividend/price and the price is lower. But if the dividend goes down accordingly (which may be possible if the reason that the price is down is that the underlying stocks are also down any may pay smaller dividends) then the yield may stay the same or may even go down.

If you already own this ETF, though, realize that you also have a paper loss based on the value of the ETF. The yield itself is not as meaningful from a value standpoint since the value of the ETF drops by the amount of the dividend whenever it is paid. You're just moving money from one pocket to the other.

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