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SPLV Is The Choice Of 5 ETFs Challenging DIA For Best Monthly Dividend Payer

Published Wed, 26 Jun 2019 13:57:03 -0400 on Seeking Alpha

In Part 1 of this two-article series, I featured the fact that many investors, and particularly those of retirement age, see great benefit in having an income stream each month. This can easily be accomplished using ETFs. However, most of these tend to be bond ETFs, the list of stock ETFs that pay monthly dividends isn't nearly as long.
For over 21 years now, the SPDR Dow Jones Industrial Average ETF (DIA) has given investors one such option in a stock ETF. For a little over seven of those years, I have owned this ETF in my personal portfolio.
At the same time, it is good not to get complacent. A lot has happened since DIA debuted in 1998. Might there be other, better, options? In my research, I found five such ETFs that intrigued me. In this first part of the series, we considered four of the five.
In this article, I will take a close look at the fifth ETF and then share some very interesting comparative historical results. Based on all of this, I'll conclude by offering my personal ranking of all six (including DIA).
But First - A Handy Table
To make things as easy as possible for readers, I have recreated below the same summary overview table I included in Part 1. I start with DIA. I next list our five challengers, sorted alphabetically by symbol. Please note that, in each case, the ETF's name is actually a link, which will take you directly to the provider's web page in the event you wish to take a closer look.
ETF and Symbol Inception Date AUM Expense... 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

SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST - DIA
SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST - DIA  


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

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