REM - These 3 ETFs Offer Ultra-High-Dividend Yields of 10% or More. Are They Buys?
2023-10-14 05:52:00 ET
Income investors won't get mouthwatering dividend yields from buying most exchange-traded funds (ETFs). For example, the highly followed SPDR S&P 500 ETF Trust currently yields a little over 1.5%. It would take a boatload of money to fund retirement at that level.
However, there are other alternatives that you might not have heard about that can generate significant income. Here are three ETFs that offer ultra-high yields of 10% or more.
The iShares Mortgage Real Estate ETF (NYSEMKT: REM) sports a 30-day Securities and Exchange Commission (SEC) yield of nearly 11.5%. This yield, by the way, reflects all interest earned net of expenses during the most recent 30-day period. It provides a great way to compare ETFs.
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These 3 ETFs Offer Ultra-High-Dividend Yields of 10% or More. Are They Buys?