Vanguard Dividend Appreciation ETF is a great tool for dividend growth investing, providing diversity across sectors and a growing stream of income. VIG has a low starting yield but dollar cost averaging can lead to superior results over time. The fund focuses on companies with consistent dividend growth and has a low expense ratio of 0.06%.
U.S. companies paid record dividends in Q1 2024, with expectations of another strong period in Q2. I have a buy rating on Vanguard Dividend Appreciation Index Fund ETF Shares given its strong yield and exposure to a diversified mix of U.S. dividend payers. With a strong chart and favorable seasonal trends, I highlight key price levels to watch.