A dividend is a distribution of profits by a company to its shareholders. The money invested by New Dawn, on behalf of its shareholders (investors) generates profit and part of this profited is in turn distributed to shareholders (investors) as dividends.
The New Dawn Innovation Fund cannot guarantee a specific dividend or interest rate. The rate depends on the success of the businesses and activities that the fund is invested in over five years. Historically, however, New Dawn CEDIFs have paid between a 2% and a 4.3% dividend.
Dividends are paid to investors every six months. New Dawn CEDIFs have been paying dividends since 2006 and have issued a total of $1,200,000 in dividend payments to investors.