I’d be wary of both due to the difficulty in finding financials for either. I would discount Newtek immediately due to the over 10% dividend yield, high dividend yields are often a warning, companies will sometimes drive up the dividend yield in order to reel in investors who would otherwise be wary (think Carillion!). I wouldn’t invest in anything that was too high. Even in my short investing career, I’ve been burned by a couple of 15+ dividend yield companies that I experimented with at the beginning and I wouldn’t do it again. Tricky of course is when you buy at 9% dividend yield and the price then crashes bringing the yield through the roof (Jupiter in my case), but that is part of the risk you take of course.
Given that there are other more established investment companies out there, I would be inclined to go for them. This is the view of a reasonably cautious investor though, albeit willing to take calculated risks, so don’t take it as absolute gospel. Someone with a more adventurous attitude to risk than I might have a different view.
This little fix really made my day, not sure when it was added but so happy I can filter my divis in the acivity tab (as well as buy/sell orders, top ups and withdrawals)
It was added a few weeks ago on iOS, and I think they must have rolled it back out on android in the last week. I think they initially rolled it back on android to fix and issue
The amount of the dividend payment is truncated after multiplying by the number of shares, so yes, any fractional amount would be “lost”, but as it is based on the final figure, the most you would lose would be £0.01.
Its falling behind 212 for me now, doesnt justify £5 a month isa when 212 is free,$O paid out dividends yesterday and customers of 212 have it,yet again we wait.
Yep. I’m waiting for the end of September glut of ETF dividends. I’m already reconciling myself to the fact freetrade will be slow and i’ll have to wait days to reinvest my dividends. Yet my trading 212 dividends will be paid pretty quickly. i’m torn. i might move. feels a shame.
Why does it take freetrade so long to pay dividends out, when its instant on other platforms? HL paid out my Shell dividend due on the 19th but paid on the 20th due to the bank holiday. Im still waiting on the dividend from freetrade.
