ETFs for Monthly Dividend Hunters

PowerShares S&P 500 High Dividend Portfolio (NYSEArca: SPHD)

Trailing 12-month yield: 3.3%

Comment: SPHD is a combination low volatility/high dividend ETF, a strategy that has helped the ETF gain 9% this year while being one of the top-performing U.S. large-cap funds. It also helps that SPHD has a nearly 27% weight to utilities, the best-performing sector in the S&P 500. SPHD’s payout schedule is similar to SPLV’s. [Quiet Rally for This Dividend ETF]