Normal
My 2c is that the management expense is quite high at 0.65%.SSGA, Russell and Vanguard have high yield ETFs (SYI , RDV and VHY) with fees at 0.35%, 0.34%, and 0.25% respectively. Worth at least checking them out. I don't think the monthly payout is justifies the extra fee, so they must have a really magical methodology.Make sure you understand that dividends are a privilege, not a right for investors and they don't really represent income per se (you will notice that the value of a stock will generally decline by the dividend amount paid on the ex-dividend date) but rather the transfer of cash from the business back to shareholders.Over the long term you can expect high dividend stocks to generally provide a total return equal to (not greater than) the market return despite its lower dividend yield. This is mostly because dividend yield is not a full representation of the cash returned to shareholders, thereby giving an incomplete picture of the relative yields of the asset universe.https://en.wikipedia.org/wiki/Shareholder_yieldThe total "yield" consists not just of dividends, but also share buybacks and paydowns on long term debt. All 3 are pretty much functionally equivalent to shareholder returns, but for some reason, some people prefer the dividend over the other two.Don't forget to pay attention to franking credits.
My 2c is that the management expense is quite high at 0.65%.
SSGA, Russell and Vanguard have high yield ETFs (SYI , RDV and VHY) with fees at 0.35%, 0.34%, and 0.25% respectively. Worth at least checking them out. I don't think the monthly payout is justifies the extra fee, so they must have a really magical methodology.
Make sure you understand that dividends are a privilege, not a right for investors and they don't really represent income per se (you will notice that the value of a stock will generally decline by the dividend amount paid on the ex-dividend date) but rather the transfer of cash from the business back to shareholders.
Over the long term you can expect high dividend stocks to generally provide a total return equal to (not greater than) the market return despite its lower dividend yield. This is mostly because dividend yield is not a full representation of the cash returned to shareholders, thereby giving an incomplete picture of the relative yields of the asset universe.
https://en.wikipedia.org/wiki/Shareholder_yield
The total "yield" consists not just of dividends, but also share buybacks and paydowns on long term debt. All 3 are pretty much functionally equivalent to shareholder returns, but for some reason, some people prefer the dividend over the other two.
Don't forget to pay attention to franking credits.
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