For investors seeking momentum, iShares International Select Dividend ETF IDV is probably on the radar. The fund just hit a 52-week high and is up 21% from its 52-week low of $26.89 per share.
iShares International Select Dividend ETF warrants a hold rating due to sub-optimal qualities compared to peer funds, including high fees and weaker fundamentals. IDV's top holdings have high payout ratios, leading to lower dividend sustainability and growth compared to competitors like VYMI. Despite strong recent performance, IDV's high fees and declining dividend yield make it less attractive than VYMI, which offers better growth and sustainability.
iShares International Select Dividend ETF (IDV) holds a portfolio of 99 dividend stocks from developed countries. IDV has a focus on the U.K. and financials, and it is well-diversified across holdings. IDV has a compelling 6% yield, but total return since inception and dividend growth since 2014 are underwhelming, especially after taking inflation into account.
IDV IDV 5 months ago Paid | Quarterly | $0.38 Per Share |
IDV IDV 8 months ago Paid | Quarterly | $0.42 Per Share |
IDV IDV 11 months ago Paid | Quarterly | $0.73 Per Share |
IDV IDV 21 Mar 2024 Paid | Quarterly | $0.24 Per Share |
IDV IDV 20 Dec 2023 Paid | Quarterly | $0.37 Per Share |
IDV IDV 5 months ago Paid | Quarterly | $0.38 Per Share |
IDV IDV 8 months ago Paid | Quarterly | $0.42 Per Share |
IDV IDV 11 months ago Paid | Quarterly | $0.73 Per Share |
IDV IDV 21 Mar 2024 Paid | Quarterly | $0.24 Per Share |
IDV IDV 20 Dec 2023 Paid | Quarterly | $0.37 Per Share |
BATS Exchange | United States Country |
The company is an investment fund that focuses on generating returns by investing primarily in a diverse portfolio of high dividend-paying companies spread across Europe, the Pacific, Asia, and Canada (EPAC). Targeting at least 80% investment in the securities that make up its underlying index and in assets that mirror the economic characteristics of those securities, the fund aims to leverage the growth and income potential within the EPAC region. By concentrating on companies that have a strong history of dividend payment, the fund offers investors an opportunity to gain exposure to international markets while potentially earning regular income from dividends. The underlying index, which the fund tracks, is designed to measure the performance of top dividend-paying companies, providing a benchmark against which the fund's performance can be evaluated.
This product focuses on investing in companies that have a high dividend yield in comparison to others, prioritizing stable income through dividends. It involves direct investment into the stocks of companies within the EPAC region that have a consistent track record of paying dividends, aiming to offer investors a steady stream of income alongside capital appreciation opportunities.
The fund adopts an index-tracking investment strategy to mirror the performance of the underlying index that measures the performance of 100 high dividend-paying companies in the EPAC region. This strategy involves investing in a mix of component securities and other investments that closely replicate the economic characteristics of the underlying index, ensuring that the fund's performance closely aligns with that of the index.