Dividend ETF

Of course dividends are no market sector but as this particular dividend ETF is exclusively tracking European dividend stocks I decided to put it under the banner of European market sectors.

iShares EURO Dividend UCITS ETF

This iShares dividend ETF is tracking an index where only 30 European companies are included. The index we are talking about here is the Dow Jones EURO STOXX Select Dividend 30 index.

To be listed in this index companies must meet many requirements of which the paying of dividends is an important one of course. This dividend ETF is paying dividends on a quarterly basis. Annually one may calculate with dividends of more than 4%.

All in all this European dividend ETF is very interesting for long term investors. Finding the right point of entry may be a challenge though. All 30 companies have a similar weighing on this dividend ETF which is a good thing.

You will find many well-known companies such as Unilever, Siemens, Ahold, Proximus, ENI, Total, Allianz and Banco Santander. The financial market sector dominates this dividend ETF with a 30% share. Industry comes in second with a 20% share. Utilities come in third with a 10% share.

Looking at this dividend ETF from a geographical point of view France has the largest share here with 30%. Germany is second with a 20% share and Italy follows suit with a 15% share. Then we will find Finland and The Netherlands with a 10% share each.

This European Dividends ETF from iShares is a very well-balanced one with a nice spread among companies, market sectors and countries. It is a physical ETF so iShares is buying the underlying stocks.

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