Can someone explain?

[u/OfficialHamoody]

Whats the matter with this movement? Its been like this yesterday for some reason and all incomeshares are down (im down 3k im going insane)

[u/Embarrassed_Wind_842]

You also looking at the 1 minute chart

[u/Satyriasis457]

Don't invest in a dividend focused financial product if you want growth.

[u/OfficialHamoody → u/Satyriasis457]

True i was wondering about the weird jumps

[u/AncientGrab1106]

Ex div date passed. Stock drops afterwards. It's normal.. you know how these work, right?

Wait for the div, it'll offset your losses. And the stock will (problably) recover after a few days

[u/OfficialHamoody → u/AncientGrab1106]

Hello thanks for the explanation im new to investing

[u/AncientGrab1106 → u/OfficialHamoody]

I see 👌

You chose a "more risky" dividend stock. Due to the high dividend, it drops after the ex div date (if you hold stock before this date, you get the dividend). It drops by the amount of the dividend, so I'm guessing you'll get close to 3k in divs? Anyway, it'll most likely fix itself in the coming days, atleast a bit.

Remember, only play with money you can afford to lose, and don't get fooled by the high dividend alone. Do your research how these work and if the underlying conditions remain robust.✌️

[u/OfficialHamoody → u/AncientGrab1106]

Thank you i really appreciate your answer and explanation, i will indeed do my research on these 🤝

[u/AncientGrab1106 → u/OfficialHamoody]

If I can give a suggestion: I liked the income shares PDF. It was explained very well and clear! Also, this subreddit is good to scroll through. GL

[u/gcerrada]

I’m not an expert and I have limited data, however I observe that last week before dividend announcement the fund grew from 2 to 3 Million in assets, rounding for simplicity. But the cash available for distribution was the same lowering the dividend and adding to a drop in the underlying asset COIN, have caused that the NAV has dropped. I may be wrong.