Ideal for income-focused investors, the iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) delivers a solid dividend yield of 3.80% with monthly payouts. With a robust one-year return of 24.05% and an impressive five-year return of 82.91%, XDIV tracks high-quality, financially healthy Canadian companies, ensuring reliability in its distributions. Additionally, it boasts tax efficiency and a low expense ratio of just 0.11%, making it a top-rated choice for those seeking stable income from dividend growth.
Pros:
- Focus on quality dividend-paying companies
- Strong historical returns
Cons:
- Potential for lower yields compared to other high-yield options
- Market fluctuations may impact performance
The iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is well-suited for income-focused investors looking for reliable dividend payouts and exposure to financially sound Canadian companies. With a competitive yield and strong historical performance, it may appeal to those seeking a balance of income generation and capital appreciation within a tax-efficient investment framework.