ETFs Have Become Much More Diverse
When looking for high dividend yields, many investors steer right for utility stocks. From telecom dividend plays like AT&T (NYSE: T) and Verizon (NYSE: VZ) to conventional electric utilities like Duke Energy (NYSE: DUK) and Exelon (NYSE: EXC), there are a number of high-yield stocks out there that return 4% or 5% via dividends.
But if you’re looking for some diversification in addition to yields, you may want to consider another route. The number of exchange-traded funds and mutual fund investments has exploded in the past few years, covering just about every geographic region and market sector you can think of. That includes dividend stocks and income investments.
So if you’re looking for yield but want to rely on a diverse “basket” of investments via mutual funds or exchange-traded funds, consider these five exchange-traded funds with plump dividend yields.