DVY - DVY: Still A Solid Dividend Option

2024-06-23 09:45:00 ET

Summary

• DVY is a reliable dividend-focused fund with solid returns and impressive dividend growth.
• The fund's Utilities exposure offers investors a sector trading at a very reasonable valuation compared to the S&P 500.
• The US continues to out-perform the developed world in terms of economic growth, leaving me focused on large-cap US stocks.

Main Thesis & Background

The purpose of this article is to evaluate the iShares Select Dividend ETF (NASDAQ: DVY ) as an investment option at its current market price. The strategy of this fund is " to track the investment results of an index composed of relatively high dividend-paying U.S. equities"....

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