A dividend plan is a financial strategy in which a fund distributes dividends periodically once they are declared. This means that investors can expect to receive payouts at certain intervals, depending on when the fund announces dividends. It is important for investors to understand the mechanics of a dividend plan, as well as the potential risks and benefits associated with this type of investment strategy. Let's delve deeper into the world of dividend plans and uncover valuable insights that can help guide your financial decisions.