- One unique aspect of the difficult economic environment that followed the virus mandated shutdown was the underperformance of high-quality dividend-paying stocks.
- The iShares Select Dividend ETF, the SPDR Dividend ETF and the Proshares S&P 500 Dividend Aristocrats ETF were some of the weakest-performing large-cap equity categories.
- In an early October report from S&P Dow Jones Indices, they note third-quarter 2020 dividends are also down from second-quarter dividends, $115.5 billion versus $119.0 billion, respectively.
For further details see:
Dividend-Paying Strategies Have Lagged This Year, Now An Opportunity?