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How often do money market funds pay dividends? |
I put some money in one about a week ago and the account balance hasn't changed. I assumed I would get interest every day. Although the interest will accrue throughout the month, it won't post to your account until the end of the month. I have a number of money market funds AND the dividends [interest] are paid at the end of each month. Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions. They normally pay monthly. I'm with AG on this one. They accrue interest/dividends daily, but are posted once a month (typically). At the end of the month you will see the deposit (even if you've not had the money invested for an entire month). |
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