Investors seeking a balanced combination of portfolio stability, monthly income, and share price appreciation generally turn to dividend stocks. These are shares of large-cap, blue-chip companies in “boring” areas, such as the financial, energy, materials, industrials and consumer staples sectors.
With only so much innovation to be done at this point in the corporate life cycle, these companies opt to return a portion of their profits to investors in the form of cash payouts called dividends.
While investors can hand-pick a portfolio of dividend stocks, this approach does have some risk. Dividends are not guaranteed, and some companies may eliminate them during recessionary conditions. A safer, more diversified approach is to buy a dividend exchange-traded fund, or ETF.
Here’s a list of the seven best dividend ETFs to buy today.
The post 7 of the Best High-Dividend ETFs originally appeared at U.S. News & World Report.