So this is how much money I made with my dividend payouts and I'm going to be explaining exactly how it works just in case you, um, ever want to I guess invest for the sake of dividends I'm just going to break it down in this video I Really hope that you learned something new and if you do, please consider dropping a thumbs up and subscribing as I upload new videos every single day about the stock market. So let me go ahead and start sharing my screen so you guys can see exactly what it is that I'm looking at I'm just going to show you how much it is that I made and then I want you guys in the comments section to comment down below what ETF you think that I was invested in and how many shares you think that I own I'll give you guys a hint at the very end of the video, but a total dividend payout was 8 500. Now let me just start off by saying if you're investing with just a few hundred or a few thousand, know the way that I trade or the way that I invest is not going to yield you an 8 500 return because I trade with hundreds of thousands of dollars I'm not here to sugarcoat it I'm not here to make it seem like oh, look, you know you just with a couple hundred dollars can make 8 500 without doing anything. um I literally did nothing though uh I just had a couple of shares on you and the execution date was going to be uh so I just went with it.

Um, so very quickly. Uh, tqq Again, Their most recent dividend payouts was Uh. declaration date was 620 which was again June 20th. Uh, meaning that if you owned and held any shares from June 20th to June 21st.

so if you just held it overnight from June 20th to June 21st, the record day is June 22nd I sold on the 21st the shares that I did have. But because it takes two days for your cash to settle every trade that you take every you know. Um, when you sell a position, it takes two days for that trade to actually settle. Which means that even if you sold on the 21st, it wouldn't have actually actually settled until two later business days which would have been the 23rd.

So the record date was 6 22 because the Declaration day is 6 20. As you can see, two business days is 6 22. So I would have recorded you as owning the shares and if you owned any shares again, feel free to check your dividend payout. it is available on Weeble If you guys don't use the Weeble trading application, you don't have to, it's the one that I personally use and it's going to be the fifth Link in the description down below.

And if you use my link which you don't have to. but if you use my link and deposit five dollars, initially just five dollars, you'll earn up to, 12 free shares. But the payment date was 628 and it rolled over to 6.29 because that's when the distributed. but again, you don't actually I didn't see it into my account until 6 29 and then this is what I saw 8 500 shares.

Was it just for Tqq? No, it was also for Sqq. And the really cool thing about this is again, Tqq paid out 12 cents. almost 13 cents per share. Sqq.

Uh, paid out 20 six cents per share. Almost 27 cents per share. QQQ Again, if you owned QQQ which I Believe most of you guys, if you're gonna hold anything, this was in my opinion, the safer route. It's a little bit more expensive for the price per share.

Uh, but the uh dividend payouts was about 50 cents per share as you can see here, but the payment day is not the third. It's not until the 31st meaning that you actually probably would not receive it until the Market opens tomorrow on Monday Uh, so just a little heads up on that. But the reason that I'm making this video is again: everyone has a different way to invest. Everyone has a different way to trade and I want to respect that.

but I Get asked all the time should I be investing in dividends I Mean we hear about this all the time. Obviously, if you're a long-term investor and you have a long-term portfolio, if the stocks that you're invested in pay out dividends, then you're receiving like again, a few cents on the the shares that you own. You hear a lot of older people rely on dividend income I Don't know anyone myself that would solely rely on dividend payouts because first off, you would have to have, in my opinion, hundreds of thousands of dollars if not millions of dollars invested for it to be worthy of the you know to live off of. uh, because again, these dividend payouts don't happen.

Um, you know every single month, right? They happen every so often and every stock offers different dividend payouts and different, you know, cents per shares. So it would be something to look into if you are ever considering investing long term. uh, to look into the not just the stocks growth potential but to also ask yourself, uh, what is the dividend payouts and is this something that would also complement my invest in style right? I Think the more that you know, the more that you can inform yourself uh, you know the more comfortable that you will be investing long term I Think it's great. You know you guys know me personally I Love trading every single day, but it's also very important to have your long-term positions.

Um, and you know, a part of that is these dividend payouts so you definitely don't have to. But I think it's the best of both worlds. I Can invest I can day trade but I can also swing trade right? and you know that's that's the beautiful thing about investing is you can have different risk tolerance. uh, different approaches when it comes down to you know you're investing or your trading style.

I tend to be a little bit more aggressive with my trades, but way more conservative with my long-term plays right? my long-term Investments So I just thought I would shed some light. Uh, not just on what recently happened with QQQ and these NASDAQ ETFs with the dividend payouts because I can reassure you and let me know down in the comments section that some of you probably didn't even know that you got paid out through dividends, right? So feel free again. look at your account, see if you received any recent dividend payouts. Uh, I Really hope that this video kind of just better explains.

um, you know the whole idea behind that. So if you have any further questions, especially if you're an absolute beginner or you've wanted to get started I'd love to answer any questions you might have and that's either going to be the first or third link in the description down below. It's either my Instagram or you can direct message maybe a Discord and I'd love to answer any questions that you might have about getting started in the stock market. I Do want to remind you that I do trade live every single day right at Market open.

And if you want to learn more about that so you can watch Me Trade live literally as soon as tomorrow when the Market opens, that's going to be the second link in the description down below. and again, we are running our biggest sale for Uh Fourth of July. So again, that is that second link in the description down below. The sale is not going to get bigger than that.

That's going to be the Best of Both Worlds And yes, it is a one-time payment, lifetime access. And yes, you will get to watch Me Trade Live every single day. So I really do appreciate you guys Time, hope and wish you all an amazing Fourth of July weekend. Please be safe and like always, let's make sure that we're in the year On a green note.

Take it easy team.