PowerShares S&P 500 Low Volatility Portfolio (NYSEArca: SPLV)
Trailing 12-month yield: 2.48%
Comment: SPLV’s inclusion on this list is something of a pleasant surprise because the ETF is framed as a low volatility ETF, of which it is the largest in that genre, more than a dividend play. Low volatility in the case of SPLV means a combined 42.6% weight to the dividend-rich utilities and consumer staples sectors. SPLV’s dividend is paid at the end of the month and the ETF usually trades ex-dividend somewhere between the 13th and 15th of each month. The ETF has cousin that is an explicit dividend play, that being the…