Companies pay dividends when they distribute a portion of their earnings to shareholders. Dividends can be paid in cash or additional shares of the company's stock, usually on a quarterly basis. Not ...

APY, or annual percentage yield, is an important figure used in the banking world to explain how much interest you’ll earn on savings account deposits. The higher the APY, the more you earn in a given ...

When you're shopping for a financial product like a savings account or CD, it can feel like you have to learn a new language to make sense of your options. Banks love to toss around terms like "APY" ...