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Madison Dividend Value ETF
DIVL (Madison Dividend Value ETF) is a factor US Dividend Equity ETF by Madison. With a 0.65% MER, it provides diversified exposure through 10 holdings. Monthly distribution with a 1.76% yield.
DIVL by Madison is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.65% MER, its fees are in line with category averages.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.