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Invesco S&P 500 High Dividend Growers ETF
DIVG (Invesco S&P 500 High Dividend Growers ETF) is a factor US Dividend Equity ETF by Invesco. With a 0.39% MER, it provides diversified exposure through 10 holdings. Monthly distribution with a 3.08% yield.
DIVG by Invesco is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.39% MER, its fees are in line with category averages. It pays a monthly distribution with a 3.08% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.