The Day I Got My First Dividend Check and Had No Clue What It Meant
Posted on October 13, 2025 by Edwin Schneider
So there I was, staring at a $47.82 check from some utility stock my father had talked me into. “Great dividend payer,” he said. “Cool,” I thought. But what does that even mean? I called him up. “Dad, I got forty-seven bucks. Is that good?” “Well, what’s their payout ratio?” “Their what now?” That conversation […]