Hello everyone, as I wrote about 3 days ago I made my first investment in March and finally I invested the first in an ETF. I bought 140 Units of iShares EURO STOXX Select Dividend 30. It is the one which I preferred in my watch list.
The ETF shows an index composed of 30 stocks with leading dividend yields selected from companies in the Eurozone. Pay oust are fourtimes a year (January, April, July and October) and the current yield is at 4.62%.
In the ETF the sectors are weighted the following:
As you can see the biggest sectors are financials and industrials, the rest looks like a typical dividend portfolio just that maybe consumer staples are just the 4th largest sector.
After all I bought 140 Units at a price of 20.60 EUR, this makes it a yield of 4.62%. This will add 133.34 USD to my annual dividend income, considering the last year pay out of 0.95 EUR.
My goal until the end of 2017 is to have a dividend income of 1 400 EUR after tax.
Please be aware this might vary considering the changes in the exchange rate USD to EUR.
In the end I have to say that ETF’s are a very good addition to your dividend portfolio, and I am definitely will invest more in ETF’s in the future.
What do you think about this ETF? Do you also have some in your Portfolio?
Disclosure: I do not recommend any decision to the reader or any user, please consult your own research. Thank you for your understanding.