Sorry for the late reply. SPI is a growth fund first and foremost with it's dividend being more of a novelty for token holders that feeds a little HIVE each week.
SPI is 36 weeks into its year and as the price of holdings are always going up and down, it's hard to get a solid number. The average YTD fund value is 329,366.86 HIVE and the average dividend YTD has been 113.97 HIVE per week. This would give a APY of 3.61% based on the average value.
In general, if HIVE increases in price, the dividend APY will increase and vice versa when HIVE prices declines.
Sorry for the late reply. SPI is a growth fund first and foremost with it's dividend being more of a novelty for token holders that feeds a little HIVE each week.
SPI is 36 weeks into its year and as the price of holdings are always going up and down, it's hard to get a solid number. The average YTD fund value is 329,366.86 HIVE and the average dividend YTD has been 113.97 HIVE per week. This would give a APY of 3.61% based on the average value.
In general, if HIVE increases in price, the dividend APY will increase and vice versa when HIVE prices declines.
Hope that answered your question