Retirees Turn to Dividend ETFs for Income

Retirees have invested $2.8bn in dividend ETFs year-to-date through April 14, as they offer income and potential for stock price appreciation. Financial advisers suggest that investors should avoid dividend ETFs with the highest yield and check the allocation of the fund, as well as consider ETFs in

April 21, 2023 . 5:06 PM

1 min read

Retirees have invested $2.8bn in dividend ETFs year-to-date through April 14.
Dividend ETFs offer income and potential for stock price appreciation.
Financial advisers suggest dividend stocks typically perform well during market downturns.
Investors should avoid dividend ETFs with the highest yield and check the allocation of the fund.
ETFs investing in so-called dividend aristocrats are popular among financial advisers.