From The Motley Fool · David Dierking · · 1m
Want Decades of Passive Income? Start With This 1 Magnificent ETF
iShares Core Dividend Growth ETF (DGRO) builds long-term income with steady dividend hikes and low fees.
In brief
iShares Core Dividend Growth ETF (DGRO) builds long-term income with steady dividend hikes and low fees. The iShares Core Dividend Growth ETF (DGRO) offers consistent dividend growth and balance sheet health for long-term passive income. Originally reported by The Motley Fool.
Quick answers
- What is DGRO?
- The iShares Core Dividend Growth ETF (DGRO) has a 2.1% dividend yield but focuses on consistent annual dividend increases and balance sheet health.
- What is the key takeaway from Want Decades of Passive Income? Start With This 1 Magnificent ETF?
- The iShares Core Dividend Growth ETF (DGRO) offers consistent dividend growth and balance sheet health for long-term passive income.
What is DGRO?
The iShares Core Dividend Growth ETF (DGRO) has a 2.1% dividend yield but focuses on consistent annual dividend increases and balance sheet health.
Why DGRO stands out
DGRO eliminates high-yield stocks at risk of dividend cuts and prioritizes companies with five-year dividend growth history and low payout ratios.
DGRO's key metrics
DGRO has $45.26 billion AUM, 1.84% dividend yield, 0.08% expense ratio, and top holdings including Microsoft and AbbVie.
DGRO's track record
Since 2014, DGRO has increased its annual dividend by nearly 9% per year and delivered 13% annual returns since inception.
Why DGRO works in portfolios
DGRO complements high-yield ETFs with its focus on dividend growth and balance sheet quality for long-term passive income.
The bottom line
The iShares Core Dividend Growth ETF (DGRO) offers consistent dividend growth and balance sheet health for long-term passive income.
