- DGRO provides investors with a double-digit dividend growth rate for just 0.08% in fees. It has $22 billion in AUM and a 2.01% trailing dividend yield.
- While I don't expect significant short-term outperformance versus the S&P 500, DGRO trades at an adequate discount on forward earnings for the earnings growth it gives up.
- This quarter's earnings surprises are coming in lower than before, so I expect investors will turn more to the cheaper, less-volatile stocks DGRO holds.
- I don't expect DGRO to significantly outperform the S&P 500 in the short term, but at the same time, I see no reason to sell it. DGRO remains a solid core dividend ETF and is a hold today.
For further details see:
DGRO: Market Returns Plus Double-Digit Dividend Growth