Divd rate is 3.61% but Annual Percentage Yield is 2.16%. Am I getting screwed?
Divd rate is 3.61% but Annual Percentage Yield is 2.16%. Am I getting screwed? My bank offers a Personal Savings account. They advertise 3.5% for accounts between $100k and $1 million but I got an email last month that says the rate has been adjusted to 3%. When I got my July statement, I see just over $200 hit my account. It says my APYE is 2.16%. See picture. One time I got less than $100, because my APYE was in the 1% r...