From Seekingalpha · The Sunday Investor · · 40s
VYMI ETF Gets Buy Rating
VYMI ETF earns buy rating with strong dividend growth and low risk.
In brief
VYMI ETF earns buy rating with strong dividend growth and low risk. VYMI ETF receives buy rating due to 3.84% yield, 12.83% annualized dividend growth, and 43% financial sector allocation. Originally reported by Seekingalpha.
VYMI ETF Overview
VYMI holds over 1,500 international securities selected based on dividend characteristics and weighted by market cap.
Dividend Performance
VYMI's yield is estimated at 3.84% with annualized dividend growth of 12.83% over five years.
Financial Sector Allocation
VYMI allocates 43% to financial sector stocks while maintaining a competitive 13.17x P/E ratio.
Buy Rating Justification
VYMI outperforms peers during market drawdowns and earns a buy rating with strong dividend growth.
The takeaway
VYMI ETF receives buy rating due to 3.84% yield, 12.83% annualized dividend growth, and 43% financial sector allocation.
