|Bid||24.12 x 1300|
|Ask||24.15 x 2200|
|Day's Range||24.13 - 24.42|
|52 Week Range||21.69 - 27.67|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.70%|
Escalating trade war tensions are heightening the worries in the global market conditions. In the current scenario, we highlight some dividend ETFs to beat the heat.
Buyback ETFs top the dividend growth ones of late. But things might change ahead with the saturation of benefits from the tax cuts. Therefore, investors can play these high dividend ETFs.
IBM has been on an uptrend so far this year, gaining 26.9%, and has outperformed the industry's average growth of 26% by a thin margin. The positive trend might continue if IBM beats earnings estimates.
IBM posted its first annual revenue growth since 2011, reflecting a shift toward faster-growing segments. Investors could tap the opportunity with these ETFs.
Some high dividend exchange traded funds were punished by the Federal Reserve's four interest rate hikes in 2018. The WBI Power Factor High Dividend ETF has nearly $89 million in assets under management. As Paul Weisbruch, head of ETF sales and trading at Dallas-based Esposito Securities points out, WBIY added $66 million in assets last year, an impressive haul considering many investors shied away from high dividend strategies as interest rates climbed.