Here’s what you need to know…
Like most Americans, we need more money after retirement to help make ends meet. Thankfully, a high-quality dividend ETF might be exactly what you are looking for.
According to Motley Fool, here are two dividend ETFs that you should consider investing in:
1. ProShares S&P 500 Dividend Aristocrats ETF
ProShares S&P 500 Dividend Aristocrats ETF (NYSEMKT:NOBL) has increased its dividend every year for the last 25 years in a row! While the future is clearly unpredictable Dividend Aristocrats has a very clean record of success and you can sleep soundly knowing your money is in good hands.
2. SPDR S&P Dividend ETF
SPDR S&P Dividend ETF (NYSEMKT:SDY) screens the companies in its portfolio to ensure only the best quality. There are several requirements:
- A company must have two decades of dividend growth.
- Market cap over $2 billion.
- Individual stocks have a 4% cap rate to ensure diversity.
- And more.
Just remember that higher yields means a greater risk to your investment.