Apple’s Ascent in Dividend ETFs

“S&P Capital IQ’s equity analyst Scott Kessler projects overall 21% revenue growth for FY 15 (Sep.), reflecting healthy iPhone revenue growth and some challenges related to the iPad. Kessler sees revenues being aided by new offerings across multiple consumer categories, including the iPhone 6, iPhone 6 Plus, and the AppleWatch. However, he has a hold recommendation on the shares based on a relative valuation assessment,” according to S&P Capital IQ.

The First Trust NASDAQ Technology Dividend Index Fund (NasdaqGS: TDIV) is the dividend ETF with the largest Apple weight at 8.64%, just ahead of the weights the ETF allocates to Apple’s soon-to-be fellow Dow component Cisco (NasdaqGS: CSCO).

As S&P Capital IQ points out, the WisdomTree Total Dividend Fund (NYSEArca: DTD) features Apple as its largest holding with a weight of 3%. 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]

The $598.2 million DTD has a distribution yield of 3.03% and also pays a monthly dividend.

WisdomTree U.S. Dividend Growth Fund

Todd Shriber owns shares of DGRW.