Building a Diverse Dividend-Paying Retirement Portfolio Made Easy

Here are 4 dividend-paying exchange-traded funds (ETFs) that are candidates for a diverse dividend-paying retirement portfolio.

The Invesco High Yield Equity Dividend Achievers ETF (PEY) and the ProShares S&P 500 Dividend Aristocrats ETF (NOBL), two ETFs that and own stocks with multi-year increasing dividends, are the cornerstone of the portfolio. PEY has a relatively high dividend yield.

The next two ETFs provide exposure to the broad U.S. stock market and offer growth potential as well as dividends.

The SPDR S&P 500 ETF Trust (SPY), an ETF that tracks the S&P 500, includes a diverse set of well-established U.S. based companies, many of which pay sustainable dividends.

The Invesco QQQ Trust (QQQ), an ETF that tracks the 100 largest U.S based technology companies, offers growth and some dividends.

Be sure to select the dividend reinvestment option for all four ETFs. With dividend reinvestment you buy additional shares with the dividends paid to you.

With these ETFs you keep receiving more and more dividends over time. Over many years with dividend reinvestment your number of shares automatically grow ultimately ensuring more dividends. Additionally, your portfolio will grow in value and should keep up with inflation.

Before you retire, you can accumulate shares with dollar-cost averaging and dividend reinvestment. And during retirement you can use the dividends as income and/or accumulate more shares.

Retirement Dividend ETFs
Name & Monthly Returns	Symbol & Snapshot	Dividend (Yield) & Dividend Chart
Invesco High Yield Equity Dividend Achievers ETF	PEY	$0.92 (4.53%)
ProShares S&P 500 Dividend Aristocrats ETF	NOBL	$1.55 (1.53%)
SPDR S&P 500 ETF Trust	SPY	$6.38 (1.22%)
Invesco QQQ Trust	QQQ	$2.29 (0.52%)
Dividend data from Alpha Vantage as of Apr-01-2024.
Display Price Chart for each stock.
Display Dividend Chart for each stock.

4 Retirement Dividend ETFs
Name & Return	Symbol & Snapshot
Invesco High Yield Equity Dividend Achievers ETF	PEY
ProShares S&P 500 Dividend Aristocrats ETF	NOBL
SPDR S&P 500 ETF Trust	SPY
Invesco QQQ Trust	QQQ
Display Price Chart for each stock.
Display Dividend Chart for each stock.

Portfolio Values

To inspect the performance of the Retirement Dividend ETFs portfolio, see the chart below. Portfolio values are computed using monthly closes for ETFs from Alpha Vantage.

All 4 ETFs are included in the portfolio computations. The current value of the portfolio assumes that $2,500.00 was invested in each ETF at its closing monthly price for the first date shown on the portfolio value chart below. All prices are adjusted for splits and dividends.

The current value of the $10,000 investment is $17,608. The percent return is 76.08%. The annualized return is 11.98%.

Portfolio Value Chart for Last 100 Daily Closes