|Bid||73.17 x 800|
|Ask||73.61 x 1000|
|Day's Range||72.49 - 73.31|
|52 Week Range||48.62 - 76.58|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-9.17%|
|Beta (5Y Monthly)||0.93|
|Expense Ratio (net)||0.35%|
There have been lots of headlines about dividend cuts in 2020, but the real picture is a little better for investors, and there are some exchange-traded funds that make the most of it.
Dividend stocks frequently sport multiples in excess of the broader market, but dividend growth, accessible via the ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) , may also be showing reasonable pricing in the current environment. 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. “Many higher-yielding dividend stocks are facing short-term headwinds, owing to their value investing traits, but the outlook is better over the long term thanks to solid macroeconomic fundamentals,” reports Lawrence Strauss for Barron's.
The ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) , which combines quality and dividend growth, continues drawing praise from various corners of the market. 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. It owns all of the Dividend Aristocrats, which totaled 57 at the end of 2019,” according to GuruFocus.com. “There are seven new additions to the Dividend Aristocrats for 2020, meaning the fund will add to its portfolio holdings to reflect these additions.