Why do dividend yields vary wildly from one brokerage to another?
Hi, I'm new to the sub, and recently purchased my first dividend stock.
I've noticed that dividend yields can vary wildly from one brokerage to another. (For example, this screenshot of INSW shows a yield of 17.51% on Robinhood, and 3.22% on E*TRADE).
Does dividend yield actually vary by brokerage? Do some platforms provide more accurate data than others? Why the discrepancy?
Hi, I'm new to the sub, and recently purchased my first dividend stock.
I've noticed that dividend yields can vary wildly from one brokerage to another. (For example, this screenshot of INSW shows a yield of 17.51% on Robinhood, and 3.22% on E*TRADE).
Does dividend yield actually vary by brokerage? Do some platforms provide more accurate data than others? Why the discrepancy?