September 30th - $Principal Exchange-Traded Fds Spectrum Pfd Secs Active Etf (PREF.US)$ is trading ex-dividend on October 2nd, 2023.
Shareholders of record on October 3rd, 2023 will receive 0.07188 USD dividend per share on October 5th, 2023. The ex-dividend date is October 2nd, 2023.
What Is a Cash Dividend?
A cash dividend is a payment made by a company to its shareholders in the form of periodic distributions of cash.
Cash dividends provide investors income, but come with tax consequences; they may also cause the company's share price to drop by the amount of the dividend paid.
What Is a Stock Dividend?
A stock dividend is a dividend paid to shareholders in the form of additional shares in the company.
Stock dividends are not usually taxed, increase the shareholder's stake in the company and give them the choice to keep or sell the shares; they also dilute the value of existing shares.
Note:
The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only. Dividends are not guaranteed and are subject to change or elimination. We do not provide tax advice and any tax-related information provided is general in nature and should not be considered tax advice. Consult a tax professional regarding your specific tax situation.