Many exchange-traded funds (ETFs) that specialize in dividend-paying
stocks are available to investors. These ETFs are heavily weighted with
financial companies.
Dividend ETFs are suitable for a long-term portfolio where dividends
are reinvested or for an investor seeking income.
| Dividend
ETFs |
| ETF - Web Site |
Yield |
Quote |
Tracks or owns... |
| Claymore/Zacks
Yield Hog ETF |
5.88% |
|
Owns high-yield securities including preferred
shares, master limited partnerships, closed-end funds, American Depository
Receipts (ADRs) and real estate investment trusts (REITs). Seeks high
yield. |
| First
Trust Morningstar Dividend Leader |
4.77% |
|
One hundred highest-yielding stocks whose dividends
are equal to or greater than what they paid five years ago. |
| iShares
Dow Jones Select Dividend Index |
4.00% |
|
One hundred stocks from the Dow Jones U.S. Select
Dividend Index with positive five-year dividend-per-share growth and
dividends payouts of 60% or less for the past five years. No real
estate investment trusts (REITs) are included. |
| PowerShares
High Yield Equity Dividend Achievers |
5.40% |
|
Fifty highest-yielding stocks from the Mergent
Broad Dividend Achievers Index with 10 or more consecutive years of
dividend growth. |
| PowerShares
Dividend Achievers |
2.11% |
|
Stocks from the Mergent Broad Dividend Achievers
Index with 10 or more consecutive years of dividend growth. |
| PowerShares
High Growth Rate Dividend Achievers |
2.19% |
|
One hundred stocks from the Mergent Broad Dividend
Achievers Index with the highest 10-year compound annual dividend
growth rates. |
| PowerShares
International Dividend Achievers |
2.47% |
|
Foreign stocks from the Mergent International
Dividend Achievers Index that have increased dividends for five consecutive
years. |
| SPDR
S&P Dividend ETF |
3.77% |
|
S&P High Yield Dividend Aristocrats® Index. |
| Vanguard
Dividend Appreciation Index Vipers |
1.67% |
|
Proprietary selection methodology using stocks
from the Mergent Broad Dividend Achievers Index. No Real estate investment
trusts (REITs) are included. |
| WisdomTree
High-Yielding Equity Fund |
4.24% |
|
WisdomTree High-Yielding Equity Index, which includes
the top 30 percent of the larger companies companies the WisdomTree
Dividend Index ranked by dividend yield. |
| WisdomTree
MidCap Dividend Fund |
3.25% |
|
WisdomTree MidCap Dividend Index, which includes
the top 75 percent of the market capitalization of the WisdomTree
Dividend Index after the 300 largest companies have been removed.
|
| WisdomTree
Total Dividend Fund |
2.96% |
|
WisdomTree Dividend Index, which includes the
dividend-paying portion of the U.S. stock market. |
| WisdomTree
LargeCap Dividend Fund |
3.15% |
|
WisdomTree LargeCap Dividend Index, which includes
the 300 largest companies ranked by market capitalization from the
WisdomTree Dividend Index. |
| WisdomTree
SmallCap Dividend Fund |
4.01% |
|
WisdomTree SmallCap Dividend Index, which includes
the bottom 25 percent of the market capitalization of the WisdomTree
Dividend Index after the 300 largest companies have been removed.
|
| WisdomTree
Dividend Top 100 Fund |
3.63% |
|
WisdomTree Dividend Top 100 Index, which includes
the 100 highest dividend-yielding companies in the WisdomTree LargeCap
Dividend Index. |
| Note: Yield data from www.finance.yahoo.com
as of April 10, 2008. |