Is the dividend of bank wealth management products income? The latest financial product dividend method

No, the dividend of wealth management products is dividend and income is income, which are completely different concepts. Wealth management products are profitable after purchase. Although the income may be negative and loss-making, it does not mean that wealth management products are dividends.

Many wealth management products in the market stipulate that the principal and income can only be received after the maturity, but they can receive dividends on a monthly basis, that is, they can distribute part of the income every month. At this time, dividends are equal to part of income.

What are the dividend distribution methods of bank wealth management products?

After purchasing wealth management products, if the wealth management products are allowed to pay dividends, banks can agree on cash dividends or dividend reinvestment. Moreover, the dividends of wealth management products must meet the conditions of dividends.

1 Cash dividend means that the system will deposit the divided amount into the current settlement account opened by the investor in the bank on the dividend day;

Dividend reinvestment means that the system converts the divided amount into shares according to the net value on the dividend payment date and deposits it in the financial account opened by the investor in the bank.

Finally, I would like to remind you that there are many kinds of wealth management products sold by banks, some of which are owned by banks and some are sold on a commission basis. Moreover, the investment period, product operation information and income calculation method of different wealth management products will be different. Please refer to the description of wealth management products for details.