SPDR WDIV ETF (ASX:WDIV)
WDIV invests in shares of global companies that have a strong track record for paying dividends to their investors (i.e. they have paid a dividend for at least 10 years in a row).
What does the WDIV invest in?
WDIV invests in shares from countries including the USA, Canada, France and Japan. Given its tilt towards dividend-paying shares, WDIV tends to allocate capital to the financials, utilities, real estate and communications sectors.
What do investors use WDIV for?
An investor could use WDIV to invest in shares that have — in the past — paid high and regular dividends to their shareholders. While this comes with the risks of the sharemarket, investors with a long-term investment horizon (10+ years) might see it as an alternative source of passive income.
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