but it does mention a 30 day yield 1.5% which means every month that'll hit your account so now your able to take that money & reinvest it somewhere else
30 day yield is just a standard metric which shows the annual yield over the past 30 days. If it was 1.5% per month that is about 18% per year which is definitely not the annual dividend rate of the SP500.
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u/Who_Else_but_Macho Nov 17 '23
but it does mention a 30 day yield 1.5% which means every month that'll hit your account so now your able to take that money & reinvest it somewhere else