Wow: GDXJ Dividend for 2016
Does anyone know how these ETFs decide what the dividend will be? GDXJ is distributing $1.507 per share next week. This seems like a huge dividend to me. In contrast, GDX is only distributing $0.055 per share. But as I see it, there’s no way the companies in GDXJ pay higher dividends than the companies that make up GDX, so they must base the ETF dividend on something else entirely. Any thoughts?
Good info. Thanks for letting us know.