Additionally, the S&P 500’s climb to near a four-year high has “whittled away stocks’ yield advantage over bonds,” he said.
“The S&P 500 Index yielded 1.9% on March 28, versus 2.2% for the 10-year U.S. Treasury bond,” Davis wrote. Even so, the ETF yields still look fairly competitive. The SPDR offering’s 12-month yield clocks in at 3.1%, for instance, while the Vanguard ETF’s stands at 2.8%. All of this is more an argument for keeping your expectations in check rather than fleeing from dividend-oriented investments.”
SPDR S&P Dividend
