How do I calculate the payouts I receive from a Divident ETF?

by TB
(Nashua NH, USA)

Say I buy 500 shares of the ETF MAIN, which in 2019 the last 4 dividend payouts were $.205, $.62, $.205 and $.24. Would I simply multiply the shares I own (500) by each of those payout factors? If so, my income from those payouts would total: $635. Is this how it's calculated?

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Jan 05, 2020
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Calculating payouts on ETFs
by: Mike

Hello TB,

A short response here - you've got it spot on. In total, you've received $1.27 from the ETF here which means with 500 shares your total payment is 1.27x500 = $635. Of course, these payments are likely to fluctuate going forward.

Mike

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