SPDR Dividend ETF Includes High-Yield Stocks

The SPDR Dividend ETF (SDY) is a great choice for long-term investors who are looking for dividends and diversification. SDY tracks the Standard & Poor's High Yield Dividend Aristocrats Index, which includes 50 high-yield stocks that have raised dividends for at least 25 consecutive years, have a market capitalization of at least $500 million and trade at least 1.5 million shares per year.

SDY is an ideal choice for investors who want to reinvest dividend but do not want to pick individual stocks.

Posted January 2, 2007.