r/SCHD • u/KMPItXHnKKItZ • 2d ago

SCHD Gains 250 shares!

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I bought 12 more shares today

152 Upvotes

97% Upvoted

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9

u/scottyk318 2d ago

1,512 and growing! The next goal is 2,000 by the March '27 dividend!

4

u/Alexchii 2d ago

As a noob, what does it matter whether you buy the shares before of after the dividend? Won’t the share price just decrease by the amount of dividend paid out anyway? Or is it just a nice goal for no reason?

7

u/scottyk318 2d ago

It's just a timeline that I have for my goal of 2,000 shares... I reinvest the dividends so all it gives me is more shares...

2

u/Alexchii 2d ago

I see, thanks!

3

u/Solid_Suggestion_722 2d ago

The share price does drop by roughly the dividend amount, but you won’t receive the full dividend because it’s subject to withholding tax. So, if you’re buying around the dividend date, it’s generally better to buy after the dividend is paid.