TDIV - TDIV: Technology With A Dividend Spin

2024-04-09 17:04:49 ET

Summary

• First Trust NASDAQ Technology Dividend Index Fund ETF offers exposure to dividend-paying companies in the technology and telecommunications sectors.
• The TDIV ETF's portfolio is dominated by heavyweight companies such as Broadcom, Microsoft, IBM, Texas Instruments, and Qualcomm.
• Despite solid dividends from these companies, TDIV's overall dividend yield is just 1.62%, indicating the strong performance of the technology sector.

Technology has been the epicenter of the modern economy, powering growth and innovation across industries. Technology is also at the core of portfolios focused more on capital appreciation and growth than yield. But what about rethinking exposure to Technology by focusing more on those companies that pay dividends? I like the idea conceptually, as I do think we will see a return to dividend investing more broadly. If you agree with me, then the First Trust NASDAQ Technology Dividend Index Fund ETF ( TDIV ) is worth a look....

For further details see: