While QDIV is a dividend ETF, it has a growth feel as over 35% of its weight is allocated to consumer discretionary and technology sector. Financial services and energy stocks combine for almost 23% of the fund’s weight.
“Given that quality metrics help illustrate a firm’s potential profitability and financial stability, they also are insightful into the likelihood of a firm maintaining its dividends – that is, higher quality firms are more likely than low quality firms to maintain or grow their dividend. This is an important attribute to income-oriented investors who prefer dividend stability over other characteristics, like high dividends or growing dividends,” according to Global X.
QDIV pays a monthly dividend. The fund yields 2.95% on a 30-day SEC basis.
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