When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
VYMI - SDIV: The Yield Is Back At 11% But Beware Of Dividend Traps
Vanguard International High Dividend Yield ETF
SDIV is extremely cheap from an absolute perspective if we look at fundamental ratios only. The fund trades at only 4x earnings and has an 11% dividend yield.
However, we are now at a tipping point for global economic growth and I believe the dividend trap risk is more significant today than it was a few months ago.
As the global recession risk is now higher than a few months ago, I would avoid buying SDIV today.
Better opportunities might be ahead to buy this ETF for the patient investor.