Published Mon, 24 Jun 2019 11:02:20 -0400 on Seeking Alpha
Many investors, and particularly those of retirement age, are desirous of having an income stream each month. In my most-read article ever on this platform, I shared the 22 stocks which I use to this end in my own retirement portfolio.
When it comes to ETFs, if you dig into the question of receiving monthly dividends, you will quickly find that there are a host of bond ETFs that do so. You can select from all sorts of flavors; short-term, intermediate-term, long-term, domestic, foreign, you name it.
However, when it comes to stock ETFs, the list is much shorter.
Let's Talk About DIA
A long-time favorite of mine has been the SPDR Dow Jones Industrial Average ETF (DIA). I can trace my ownership of this ETF back to March 2, 2012, some 3 years before my first article as 'ETF Monkey.'
At that point in time, my portfolio consisted virtually exclusively of individual stocks, but I was learning more about ETFs. I can clearly recall looking up the list of Dow components one day and discovering that I owned somewhere between 12-15 of them. "Why," I thought to myself, "would I not just buy this one ETF and own them all, increasing my diversification in the process?" Further, I noticed that DIA offered a monthly dividend distribution, meaning that I would pick up a little income each and every month.
As they say, the rest is history. I sold my individual holdings of stocks in the Dow and bought DIA instead. This ETF has held a consistent place in my personal investment... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST||272.28||0.0||0.00||5.63||2.06|
Older articles featuring Spdr Dow Jones Industrial Average Etf Trust (DIA):The Fed And The Yield Curve
The Inverted Yield Curve Is About To Revert
Beware The Yield Curve
SPLV Is The Choice Of 5 ETFs Challenging DIA For Best Monthly Dividend Payer
Negative-Yielding Debt: Monetary Contagion Spreads
P/E Ratios And Yields By Country
The Dollar, High-Yield Bond Market And S&P 500 Revenue Growth
The Recent Bond Yield And SPX Declines (And Now Bitcoin) Tend To Recur Year After Year
Two Yield Spreads Are Better Than One For Business Cycle Analysis
Yield Curve Inversion May Not Be A Done Deal