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SDY: Steady As She Goes For Now
MMM3M(MMM) Seeking Alpha·2024-02-16 14:20

Maryna Terletska/Moment via Getty Images The SPDR S&P Dividend ETF (NYSEARCA:SDY) is a passively managed ETF seeking to provide yield and capital appreciation to its investors rather than focusing only on yield. SDY tracks the S&P High Yield Dividend Aristocrats Index ("Index"), which is comprised of the highest yielding S&P Composite 1500 of stocks that have increased their dividends for at least 20 consecutive years. Companies that have increased dividends for over two decades provides a measure of qualit ...