Three High Quality ETFs for Dividend Hunters
The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is up 6% in 2016 compared to a flat S&P 500 Index.
The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) - Get Report is up 6% in 2016 compared to a flat S&P 500 Index. Simeon Hyman, head of investment strategy at ProShares, said the ETF's success is more about quality than growth or value investing. 'Over the long run companies that have grown their dividends have outperformed companies that have cut, or even just companies that have paid dividends,' said Hyman. 'NOBL focuses on the longest track record of dividend growth in the S&P 500.' The $1.2 billion NOBL tracks the S&P 500 Dividend Aristocrats Index, which consists of companies that have raised their dividends for at least 25 consecutive years.









