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||272.32||0.0||0.00||5.67||2.10|
Older articles featuring Spdr Dow Jones Industrial Average Etf Trust (DIA):Global Yields For Stocks And Bonds
EXG: 10% Yielding CEF, Earlier Than Expected Vaccine For COVID-19 Can Support The Rebound
Dividend Watch: A Bar Bet You Will Win
Market Volatility Bulletin: S&P Dividend Yield Outstrips 10Yr Treasury.Rightfully So
The Negative EPS And Dividend Revision Cycle Has Only Just Begun
S&P 500 Dividend Yield Vs. 10-Year Yield Blowout
My Dividend Growth Portfolio Q1 Update: 24 Holdings, 1 Sell, 4.21% Yield
Uncertainty Will Yield To Opportunity After Testing Resolve - Market Commentary April 2, 2020
The 2-10 Yield Curve And The Shape Of Things To Come
SPY: Strategies Lower Downside Risk 20% And Provide 11% Yield Cash Income For 2 Years