dessert
Full time employment: Posting here.
I know a lot of folks here have (pssssst) Wellesley and I read a post somewhere that its' latest dividend fell 5% and this fellow was complaining about that.
Well a lot of us here might also have Fido Freedom 2010 which I had been thinking was a lot like Wellsley but listen to this....the latest dividend fell by 87%! Now that is a fall. I called my contact at Fido to discuss and he said that it's a sign of the times but expects the dividend to improve over time. This sure makes it hard on retirees who count on that income.
Other Fido investors notice that?
I'm sure there are other funds that have reduced dividends but if you have Wellesley then I thought I would brighten your day!
And darn, I don't have any....yet.
Well a lot of us here might also have Fido Freedom 2010 which I had been thinking was a lot like Wellsley but listen to this....the latest dividend fell by 87%! Now that is a fall. I called my contact at Fido to discuss and he said that it's a sign of the times but expects the dividend to improve over time. This sure makes it hard on retirees who count on that income.
Other Fido investors notice that?
I'm sure there are other funds that have reduced dividends but if you have Wellesley then I thought I would brighten your day!
And darn, I don't have any....yet.