EDIV has also been an admirable performer as of late despite speculation that lower oil prices and economic sanctions from the West could hamper Russian dividends. At best, Russian dividend growth is expected to be flat this year with cuts coming from the country’s energy and financial services firms.
However, the weak ruble is helping Russian metals exporters bolster cash hoards to the point where some mining companies there could actually raise payouts. Russian stocks account for a smaller part of EDIV’s lineup.
“This ETF has been able to consistently deliver annualized yields of over 4% but there’s a great deal of volatility involved to get there. Global economic weakness has hit emerging markets hard over the past year and the dividend is just one piece to consider here,” adds the Seeking Alpha article.
SPDR S&P Emerging Markets Dividend ETF
