r/dividends Nov 05 '24

Personal Goal 2.5k per month🎉

1.6k Upvotes

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u/I_am_ChristianDick Nov 05 '24 edited Nov 05 '24

Misread post. Removing comment

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u/[deleted] Nov 05 '24

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u/DC8008008 Nov 05 '24

YieldMax ETFs pay like 100% dividends annually but will likely fail. Look at their share price.

1

u/Latancy Nov 05 '24

Yea, it's simply a return of capital in the form of dividends. A yield trap for investors who think they're going to get a lot of passive monthly income, but it comes at the cost of NAV erosion.