Coming into 2016, it was widely expected that S&P 500 dividend growth would slow relative to the breakneck pace seen over the past several years. Some of that trend was evident in the first month of the year.
“For the 12-month period ended January 2016, payers were down 7.31 percent, vs. a decline of 11.52 percent for the non-payers. The number of dividend increases in January totaled 29, down from 33 in January 2015. One dividend was cut, matching the dividend cut made in January 2015,” according to exchange-traded funds issuer First Trust.
Lone Auto-Dedicated ETF
Illinois-based First Trust sponsors the First Trust NASDAQ Global Auto Index Fund (First Trust Exchange-Traded Fund II (NASDAQ: CARZ)), the lone ETF dedicated to the auto industry. Already home to a low trailing ...
/www.benzinga.com/news/16/02/6197860/pedal-isnt-to-the-metal-for-this-etfs-dividends alt=Pedal Isn't To The Metal For This ETF's Dividends>Full story available on Benzinga.com
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