U.K. dividend growth has been impressive as well. British listed companies paid $102. 1 billion in dividends last year, and since 2009 have paid roughly $441 billion,” according to the Independent. The U.K. and Australia are among the primary drivers of IQDF’s weighted average dividend yield of 5.29%.
Cementing IQDF’s status as an ETF that is right for the current market environment is an almost 54% tilt to value stocks.
With a weighted average market value of $44.2 billion, IQDF is a decidedly large-cap fund. Although no stock accounts for more than 3% of the ETF’s weight, IQDF’s top-10 lineup includes some familiar international dividend names.
Takeover target AstraZeneca (NYSE: AZN) is the ETF’s third-largest holding while Total (NYSE: TOT), Royal Dutch Shell (NYSE: RDS-B) and Eni (NYSE: E) are the fund’s fifth- through seventh-largest holdings. That is a plus given the recent out-performance delivered by global oil stocks. [Global Oil ETFs Rally]
FlexShares International Quality Dividend Index Fund