The Dividend ETF That Belongs in Almost Every Long-Term Portfolio

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Dividend stocks make ideal long-term investments. Ned Davis Research and Hartford Funds have found that since 1973, dividend stocks in the S&P 500 have delivered an average annual return of 9.2%, more than double the return of non-dividend-paying stocks (4.2%). One of the easiest ways to invest in dividend stocks is through an exchange-traded fund (ETF). Here's why the Schwab U.S. Dividend Equity ETF ( SCHD 0.41% ) belongs in almost any investor's long-term portfolio. The Schwab U.S. Dividend Equity ETF 's goal is to track the Dow Jones U.S. Dividend 100 Index . That index measures the performance of about 100 high-yielding U.S. stocks with a consistent dividend record. It selects them based on several quality characteristics, including dividend yield, five-year dividend growth rate, and strong financial metrics. The index reconstitutes its holdings once a year to emphasize higher quality holdings. It will add companies that stand out in its screening process while deleting those that have cut their payouts or have lower dividend qualities. That helps ensure it focuses on holding the highest-quality dividend stocks.

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