For them, we have highlighted some ETFs that could be excellent choices regardless of stock market directions. SDY is one of the most popular and liquid ETFs in the dividend space with AUM of $15.51 billion and average daily volume of more than 827,000 shares.
Designing a stock screening tool is rarely straightforward, and most require regular tweaks. A momentum style screen run last summer by N+1 Singer underperformed, but the broker has now tinkered with the threshold and “refreshed” the screen.
The index is constructed on growth not yield. As a simplistic example, let's say SDY only had one stock. That stock had grown its dividend for 20 years and yielded 5%. Now let's say it had to cut its dividend, making it ineligible to stay in SDY.
... of each stock is calculated by dividing the annualized gross dividend payment of the stock by its current share price. Major components As of November 2015, SDY manages a total portfolio of $13.1 billion, distributed majorly over the financials ...
As of this writing, Jonathan Yates did not hold a position in any of the aforementioned securities. Article printed from InvestorPlace Media, http://investorplace.com/2012/01/dividend-stock-dividend-etf-sdy/.
For SDY, a stock has to increase the dividend payout for at least 20 consecutive years, whereas for VIG, this period in consideration is around 10 years (read Two Niche ETFs Beating SPY). No matter how similar the strategy sounds, it actually has ...