SDY - SPDR S&P Dividend ETF Profile
SDY Tracks This Index: S&P High Yield Dividend Aristocrats Index
Description: The S&P High Yield Dividend Aristocrats Index is comprised of the 50 highest dividend yielding constituents of the stocks of the S&P Composite 1500 Index that have increased dividends every year for at least 25 consecutive years. These stocks have both capital growth and dividend income characteristics, as opposed to stocks that are pure yield, or pure capital oriented.
Description: The S&P High Yield Dividend Aristocrats Index is comprised of the 50 highest dividend yielding constituents of the stocks of the S&P Composite 1500 Index that have increased dividends every year for at least 25 consecutive years. These stocks have both capital growth and dividend income characteristics, as opposed to stocks that are pure yield, or pure capital oriented.
- Issuer: State Street
- Structure: ETF
- Expense Ratio: 0.35%
- ETFdb Category: Large Cap Value Equities
- ETF Home Page: SDY
- Inception: 2005-11-08
- Tax Form: 1099
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