2024-04-29 11:30:01 ET
Summary
- The ETF focuses on high-quality US stocks with a history of steadily growing dividends and a maximum payout ratio of 75%.
- It follows the Morningstar US Dividend Growth Index, which includes companies that have increased their dividends for at least five consecutive years.
- The ETF is suitable for defensive investors looking for higher dividend yield and lower volatility compared to the broad market.
Investment Thesis
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DGRO: Growing Dividend = Growing Earnings = Quality