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DISCLAIMER - I am not a Financial Advisor and do not work for any Brokerage Firm. The opinions given are of my own and are not to be used as professional advice. These are my findings and can hopefully help you to make informed decisions on investing. Consult a Broker or Lawyer before making any investment. Some High Yielding Dividend ETFs There are few things nicer in life than to see monthly dividends pour in from your Dividend Stock investments. The problem with that is that you have to constantly monitor the returns and quality of each company to be sure the stock is still a sound investment. One of the easier methods to avoid this issue is to invest in ETFs (Exchange Traded Funds) that pull in a large universe of dividend stocks and still give good solid returns. Upfront I want to say that I still buy dividend stocks in my Schwab IRA every month. But I have expanded out in my investments and now purchase a large number of ETFs that are doing a great job of making a consistent monthly dividend. Some of these pay dividends every month instead of just quarterly. Some of the best dividend stocks come from the lists of Dividend Aristocrats and Dividend Kings. Read the associated articles if you are not familiar with them. These are some of the most highly successful companies that have increased their dividends over 25 years (Aristocrats) and over 50 years on Dividend Kings. The criteria are not the same to make up the lists, so read carefully before making any investing decision. Article on Dividend Aristocrats Article on Dividend Kings Just being on either list does not necessarily make them a good investment, but those on both lists certainly should be considered. I try for at least an 8% return on both the dividend and stock growth. (Stock growth being the increase in stock price yearly). Not all will return that well, but some will do even better. The ETFs that I am writing about today are those that do invest in Dividend stocks and have paid consistent dividends. One of my favorites is NOBL (Pro Shares S&P 500 Aristocrats. It is based on investments in the Dividend Aristocrats. Here is a list of several ETFs that I own. Not necessarily in any order, just ones that stand out as consistent returning Dividend ETFs. FDVV – Fidelity High Dividend ETF DHS - Wisdom Tree U S High Dividend HDV – I Shares Core Hi Dividend ETF DGRO – I Shares Core Growth Dividend SDIV – Global X Super Dividends LVHD – Legg Mason Low Volatility Hi Div ETF I have 4 that have really done well. These are based on using covered calls to increase their returns. These 4 have consistently paid 12% or more. I have QYLD in all 3 of our biggest Roth IRAs. QYLD – Global Nasdaq 100 cov call ETF XYLD – Global X S&P 500 Covered Call JEPQ – J P Morgan Nasdaq Equity Income JEPI - J P Morgan ETF Income Fund Those in the first list may use covered calls to increase their dividends, but I am unsure. SDIV has been high consistently so they probably do. Buying an ETF has a lot of advantages. The person overseeing the managed ETFs makes the decisions on which stocks to purchase. (Not all ETFs are managed… some are based on simple grouping of investment types. ) For example VTI is the whole stock market as well as ITOT and SCHB. I have investments in all 3 of those. But the great thing about ETFs is they give you diversification with many stocks. It is much like a mutual fund but without the 2% management fee. While doing research for this article, I came across a list of the top 100 highest-paying ETFs regarding selling price. Remember that these are not necessarily Dividend ETFs, but have shown the greatest returns overall. I am unsure exactly how they came up with this list, so be wary. 100 High Returning ETFs I have not researched any of these but some on my two dividend lists are in this grouping. Two that particularly stood out to me on Bonds with great returns were TLTW and HYGW. First is on treasury bonds and second is on Corporate bonds. I will be looking into those later this week. As I always urge, get investment advice from a seasoned investor or lawyer. These are just examples of some ETFs that have performed well for me. I wish you much success in your investing endeavors. List of All Investment Articles List of all Minimalism Articles Internet Direct Laptops
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David ParhamChristian Minimalist and Investor. God guides and helps me everyday. Archives
May 2024
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