Here's How Much You'd Need to Invest in HDV to Generate $500 per Month in Dividends
By selecting high-quality stocks with above-average yields, the iShares Core High Dividend ETF generates sustainable income.
Here's How Much You'd Need to Invest in HDV to Generate $500 per Month in Dividends
Overview
There are plenty of dividend exchange-traded funds (ETFs) today offering yields of 3%-4%. Relatively few of those layer a quality screen into their fund's selection process to ensure the yield is durable and sustainable.
The iShares Core High Dividend ETF (NYSEMKT: HDV) is one of them. It targets high-yielding stocks from a universe that passes a pair of Morningstar quality screens. By doing this, it mitigates some of the volatility risk that comes from pure yield-based strategies and stabilizes the income stream. Top holdings include ExxonMobil, Verizon Communications, and AbbVie.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
