|Bid||71.73 x 1100|
|Ask||73.24 x 4000|
|Day's Range||71.55 - 71.99|
|52 Week Range||56.79 - 72.43|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||19.25%|
|Beta (3Y Monthly)||0.88|
|Expense Ratio (net)||0.35%|
Up nearly 18% year-to-date, the ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) is been steady for much of this year, including the third quarter when a slew of S&P 500 boosted dividends. NOBL tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years. “According to S&P Dow Jones, there were 426 dividend increases in the third quarter of 2019, down from 460 a year earlier.
Dividend yields recently surpassed those of benchmark Treasury notes for the first time since 2016, potentially providing further support for equity markets and dividend-paying stock exchange traded funds in this prolonged low-rate environment. According to Bank of America data, dividend yields for the S&P 500 index at 1.89% surpassed the yield of 10-year Treasuries at 1.5% for the first time in three years, CNBC reports. “Stocks are a ‘no brainer’ vs. bonds,” Bank of America analyst Savita Subramanian said in a note.
The latest manufacturing data from the Institute of Supply Management (ISM) are reflecting a potential economic slowdown, which could further fuel a flight to bonds and thus, cause yields to fall lower as bond prices head skyward. President of Bianco Research, James Bianco says investors should opt for the lower yields when considering the stock market crash alternative. “What we showed was we went to 3.25% for a couple of weeks and the U.S. stock market broke.
Sino-US trade spat uncertainty, Brexit woes and the deepening Middle East tensions are stoking geopolitical risks. To combat this unrest, we suggest some dividend growth ETFs.
The ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) is up about 4.50% this month, an impressive run for the dividend ETF and one reason for NOBL's recent momentum may be the resurgence of value stocks. NOBL tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years. The extended bull run the past decade saw growth stocks sprint past their value counterparts as investors piled their capital on growth-oriented equities like technology.
While piddly yields on broader U.S. equity benchmarks and Treasuries make high dividend strategies enticing, dividend growth stocks and the related ETFs continue to look compelling, too. Just look at the ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) , which is higher by nearly 17% year-to-date. NOBL tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years.
Low-interest rates often buoy the case for high dividend strategies, but dividend growth funds, including the ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) , are winning, too. NOBL is up 2.67% this week and 4.40% over the past month. The ProShares fund tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years.
Zeroing in on the 'dividend aristocrats' or the 'dividend growers' could be the most beneficial way to ride out the current market volatility resulting from political and geopolitical worries.
Recently, many investors have been focusing on the inverted yield curve, but there's another yield scenario worth paying attention: the dividend yield on the S&P 500 climbing above the yields on some widely watched groups of Treasuries. “The dividend yield on the S&P 500 is now higher than the yield on the 10-year note and 30-year bond,” according to CFRA Research. This unusual yield scenario could spotlight dividend ETFs, including growth fare such as the ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) .
During volatile conditions, many opt to shift to cash in a knee-jerk reaction to shield a portfolio from further swings. However, investors should consider alternative exchange traded fund strategies as ...
As investors continue to swallow up bonds faster than a thirsty camel in the desert sun, it’s been putting downward pressure Treasury yields amid the scramble for safe-haven assets. Whether it’s the short or long end of the yield curve, some analysts are suggesting dividend-yielding stocks as a better option. “The takeaway is, if you can get an annual yield from a company that’s going to pay you more than the 30-year Treasury and the company has a history of raising its dividend, for the long term, it’s a better alternative than a Treasury,” Hickey said.
With rates depressed and attractive yields hard to come by in the fixed-income market, investors may want to consider dividend-paying stocks and related ETFs. Goldman Sachs argued that dividend payers ...
While dividend stocks are looking increasingly attractive as government bond yields decline, dividend growth expectations for 2020 are paltry, but some market observers believe those estimates are too ...
Want relatively safe income from high dividend stocks? For yield that beats the market average, up to more than double that much, check out these funds.
The Federal Reserve meets this week and markets are pricing an all but guaranteed interest rate cut by the central bank, a move that could further propel income-generating asset classes, including dividend ...