My PayPal Money Market Fund dividend for the month of May was distributed early this time around. I received a deposit of $13.66 on May 31, which is just about what I expected the dividend to be. The published 7-day yield for the fund is now 2.46% — the lowest it’s ever been in the year and a half that I’ve been participating.
I stated last month that I’m going to move my money out of PayPal and start investing in a mutual fund or something with the possibility of a higher return. I still intend to do that, but simply haven’t had any time in recent weeks. I need to get going with that, though, because I really ought to be earning more than 2.46% on my money!