I’ve been meaning to write about the new options available for ETF investors seeking a higher dividend yield than available with the popular indices. In addition to the iShares Dow Jones U.S. Select Dividend Index Fund (DVY), yield-seeking investors have the following options:
My personal favourite is PFM, as it is fairly well diversified among various sectors (and not as highly concentrated in the financials and utilities). Canadian investors might want to ignore PID due to its high local content.
Note: Check out the latest Carnival of Personal Finance hosted by Jim at the Blueprint for Financial Prosperity. There is a good selection of interesting posts and I managed to make a submission as well.