Dividend ETFs For Retirement Investors #5: SPDR S&P International Dividend ETF
When it comes to dividends, retirement investors shouldn’t forget about international firms. In fact, some of the juiciest dividends can be found overseas.
The SPDR S&P International Dividend ETF (DWX) allows investors to tap into that opportunity.
DWX tracks the 100 highest dividend-yielding common stocks and ADRs in the developed world outside of the United States. Australia, the United Kingdom and Canada round out the top three holdings. Overall, the fund is quite balanced in terms of international exposure. That wide range of firms helps DWX produce a hefty 5.2% dividend yield.
However, that yield could grow as foreign currencies fluctuate against the U.S. dollar. That would provide a nice boost to a retirement investor’s purchasing power over the long-term.
Expenses for DWX aren’t cheap at 0.45%, but it is one of the broadest and highest-yielding options for retirement investors looking at dividends.
As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities.