This Overlooked Dividend ETF Could Set You Up for Decades of Passive Income. Here's How.
This dividend ETF isn't even one of the 10 largest, but it has a stellar track record.
Overview
If you're years or even decades away from retirement, using your portfolio to generate dividend income might not be a priority. But dividend stocks still deserve consideration as part of a broader long-term portfolio allocation.
You don't necessarily want to reach for ultra-high yields, but capturing something in the 3% range built on a portfolio of durable, high-quality companies is easily doable.
Details
With the Fidelity High Dividend ETF (NYSEMKT: FDVV), you get an impressive growth component on top of it.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.