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Top Monthly Dividend ETFs in the U.S.: Secure Income and Growth Potential

Are you looking for ETFs in the U.S. that pay monthly dividends and have growth potential? In this post, we'll introduce several ETFs that offer stable income and growth opportunities.

1. Invesco S&P 500 High Dividend Low Volatility ETF (SPHD)

SPHD aims for high dividend yield and low volatility by investing in 50 high-dividend-yielding stocks from the S&P 500 index.
  • Current Price: $50.08
  • Dividend Yield: Approximately 4.5%
  • Expense Ratio: 0.30%
  • Dividend Growth Rate: 3-year average of 3.02%
  • Price Range: 52-week high $51.07, low $38.26
  • Top Holdings: AT&T, Exxon Mobil, Chevron

Pros:

  • High dividend yield with low volatility
  • Stable dividend payments

Cons:

  • Limited potential for significant price appreciation

2. JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)

JEPQ invests in Nasdaq 100 stocks and generates additional income through options premiums. It offers high dividend yield and growth potential.
  • Current Price: $56.74
  • Dividend Yield: Approximately 9.35%
  • Expense Ratio: 0.35%
  • Dividend Growth Rate: 18.18% over the past year
  • Price Range: 52-week high $56.74, low $47.67
  • Top Holdings: Apple, Microsoft, Amazon

Pros:

  • High dividend yield and growth potential
  • Investment in major tech stocks of the Nasdaq 100

Cons:

  • High volatility
  • Reliance on options premiums for income

3. Global X SuperDividend ETF (SDIV)

SDIV invests in high-dividend-yielding stocks globally, providing monthly dividends and diversified sector exposure.
  • Current Price: $21.50
  • Dividend Yield: Approximately 11.02%
  • Expense Ratio: 0.58%
  • Dividend Growth Rate: 3-year average of -5.74%
  • Price Range: 52-week high $23.78, low $20.45
  • Top Holdings: BHP Group, Rio Tinto, China Mobile

Pros:

  • Very high dividend yield
  • Global diversification

Cons:

  • Negative dividend growth rate
  • Potential for high price volatility

4. iShares Preferred and Income Securities ETF (PFF)

PFF invests in preferred stocks and other income securities, offering high dividend yields and monthly payouts.
  • Current Price: $32.72
  • Dividend Yield: Approximately 6.16%
  • Expense Ratio: 0.46%
  • Dividend Growth Rate: 3-year average of 1.25%
  • Price Range: 52-week high $33.59, low $29.40
  • Top Holdings: Wells Fargo, Bank of America, Citigroup

Pros:

  • Stable dividend yield
  • Low volatility due to preferred stock investments

Cons:

  • Limited potential for price appreciation
  • Low dividend growth rate

Conclusion

These ETFs provide monthly dividends and have long-term growth potential, making them suitable for investors seeking both stable income and growth. Compare the dividend yields, expense ratios, dividend growth rates, and price ranges to choose the best investment for your needs.

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