"Standard & Poor's Dividend Aristocrats are getting the royal treatment."
"State Street Global Advisors is introducing the SPDR Dividend ETF, a new exchange-traded fund that seeks to replicate the price and yield, before expenses, of Standard & Poor's High Yield Dividend Aristocrats Index.
"The Aristocrats Index comprises the 50 highest dividend-yielding constituents of the S&P Composite 1500 Index that have increased their annual dividends every year for the past 25 years. This universe currently includes only 85 stocks."
Full Article: http://www.investmentadvisor.com/issues/mutual_fund_center/mutual_fund_center/5736-1.html
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Now my reason for starting this topic! I have been waiting for this ETF it come out for a very long time. Currently I only have 1 account and that is with vanguard. I believe Vanguard does offer DRIPS for ETFS but they charge $25 a transaction. I put money in every month and this will essintially add a load to the ETF for me.
Does anyone know if theres a discount brokerage that offers DRIPS? Etrade, ameritrade ect!!?
"State Street Global Advisors is introducing the SPDR Dividend ETF, a new exchange-traded fund that seeks to replicate the price and yield, before expenses, of Standard & Poor's High Yield Dividend Aristocrats Index.
"The Aristocrats Index comprises the 50 highest dividend-yielding constituents of the S&P Composite 1500 Index that have increased their annual dividends every year for the past 25 years. This universe currently includes only 85 stocks."
Full Article: http://www.investmentadvisor.com/issues/mutual_fund_center/mutual_fund_center/5736-1.html
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Now my reason for starting this topic! I have been waiting for this ETF it come out for a very long time. Currently I only have 1 account and that is with vanguard. I believe Vanguard does offer DRIPS for ETFS but they charge $25 a transaction. I put money in every month and this will essintially add a load to the ETF for me.
Does anyone know if theres a discount brokerage that offers DRIPS? Etrade, ameritrade ect!!?