It is expected that two sectors – consumer discretionary and financial services – will sport double-digit dividend growth this year. The WisdomTree Total Dividend Fund (NYSEArca: DTD) allocates 28% of its combined weight to discretionary and financial services names.
Importantly, there is plenty of room for big bank dividends to grow in 2015. US Bancorp’s payout would need to rise another 73% just to get back to what the bank paid in 2008. Bank of America’s (NYSE: BAC) dividend is up 400% this year, but at 5 cents per quarter, that dividend is nowhere close to the 64 cents a share paid for the third quarter of 2008.
Additionally, DTD does not make a habit of lagging. Over the past five years, DTD outperformed 92% of its actively managed mutual fund rivals. [Dividend ETFs Still in Style]
ProShares S&P 500 Aristocrats ETF
