Related: A Smart Beta ETF That Targets Natural Monopolies
Dividend growth has been a way for many investors to provide a sense of stability in a diversified portfolio. Companies that consistently grow their dividends typically include those a cut above the rest with strong fundamentals, a history of profits and growth, and typically stable earnings. Without these traits, companies would find it hard to raise yields let alone pay out consistent dividends.
REGL is home to 44 stocks, reflecting the small number of mid-caps that meet the ETF’s dividend consistency requirements. About half the ETF’s weight is allocated to financial services and utilities stocks. The industrial sector is the next largest sector weight at 13.7%.
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