What is a dividend?
A dividend is a payment to a shareholder when a company shares its profits.
When a business makes a profit, they can choose to pay dividends to shareholders. If you own shares, you get a certain amount of the profit. These payments to shareholders that come out of the profits are dividends.
Your share of the dividends is in proportion to how many shares you own.
Dividends are almost always paid out in cash payments. Occasionally additional shares of stock are issued, and far less common than cash dividend payments.
These payments usually occur 4 times a year (at the end of every quarter), can be on a different schedule.
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Q. What’s Plaid?
Plaid is a technology that allows for people to connect their financial accounts to a mobile application. It makes it possible for your external bank and Stash to talk to one another. When you link Stash to your external bank, Plaid encrypts your bank information,…
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Q. How do I opt out of Plaid?
You can easily opt out of Plaid in the app. Here’s how to get started: From the Home screen, tap your account icon in the top left corner Tap on Personalization & Data below Privacy & Legal Tap Opt-out of transaction data sharing at the bottom of the screen …
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Q. How does Stash make money?
The short answer is that Stash Financial Inc., its affiliates, and business partners act as an investment advisor, broker-dealer, banking services provider, insurance distributor, marketing affiliate, and a financial services organization, all rolled into one. Stash Investments LLC’s advisory affiliates also provide a wide range of financial services to individuals. …
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