NOBL - Looking for Dividends? Check Out These Funds
In 2022, dividends once again became a safe harbor for investors reeling from the broad market's high volatility and rising interest rates. Although many stocks decreased in price, dividend payers still provided investors with a nice income stream. As macro conditions in the new year remain bearish in many ways, you might be looking to increase your exposure to dividend-paying stocks.
But the question is, which ones should you purchase? With so many options, investors looking for broad dividend exposure may be better off looking at exchange-traded funds (ETFs) that focus on this niche. Three that come to mind are the ProShares S&P 500 Dividend Aristocrat ETF (NYSEMKT: NOBL) , Vanguard Real Estate ETF (NYSEMKT: VNQ) , and the Vanguard High Yield Dividend ETF (NYSEMKT: VYM) . All three have their place, so which one should you buy?
These three ETFs aren't copies of each other, and each has its own specific focus. This also plays into how much each ETF yields (what percentage of the ETF price is paid in dividends to you annually). Investors shouldn't only focus on how high the dividend yield is , although it can certainly be a factor in the decision.
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Looking for Dividends? Check Out These Funds