I have been searching all over and cannot seem to find the answer to the question, either I do not understand dividends or I am not asking the question correctly.
Take the S&P 500
The current dividend amount was $47.22 for June.
If I invested $10,000 at the start of June at the price per share of $2,430 that would get me 4 shares from the S&P 500
Does that mean I would have gotten a payout of $188.88 at the end of June?
Does the S&P 500 pay Dividends monthly?