Australia, EFAD’s fourth-largest country weight at almost 5.6%, is another high-yielding developed dividend growth market.
“According to figures from Bloomberg and Lincoln Indicators, that has seen dividend payouts by Australia’s top 200 companies jump by 64 per cent in 5 years – from $38 billion in 2010 to $62 billion to date this financial year,” according to Australia’s ABC News.
Australia is one of the countries where the dividend yield on the benchmark equity index is higher than the yield on government bonds. Investors are starting to embrace EFAD’s story as the ETF has more than doubled in size during the second quarter.
ProShares MSCI EAFE Dividend Growers ETF
