Dividend ETFs: The Exodus Before the Jobs Report
Friday, March 5th, 2010
Gary Gordon submits:
Two days ago, I wrote an editorial on “dividend aristocrats.” I can’t remember the exact reason that I chose to write the column on dividend ETFs on that particular day. However, I did want to discuss exerting greater control over your portfolio’s performance.
“Aristocrats” represent companies that have increased payouts for 25 consecutive years. Yet there’s no ETF that tracks the S&P Dividend Aristocrats Index. Instead, State Street decided to go with a sub-set known as the S&P High-Yield Dividend Index, using its SPDR S&P Dividend Fund (SDY).
