Securities lending has, at times, benefited TAN in another way: Juicing the dividend yield on an ETF tracking an industry not known for being home to many dividend stocks. At one point in August 2013, based on its 2012 distribution, TAN was sporting a dividend yield of 5.3%. [Solar ETF’s Holdings See Surge in Short Interest]
That said, TAN’s dividend yield has come in a bit. Based on the 2013 distribution of just over 45 cents per share and last Thursday’s closing price at $44.70, TAN currently yields just 1%.
Guggenheim Solar ETF
