S&P Recommends WisdomTree LargeCap Dividend ETF (DLN).

S&P Equity Research is recommending WisdomTree LargeCap Dividend Fund DLN. It carries Standard & Poor's highest ETF ranking of “overweight” and invests in U.S. large cap dividend payers. The ETF recently paid a dividend yield of 2.8%. WisdomTree specializes in dividend paying ETFs, and its offerings are based on Wharton professor Jeremy Siegel's research showing that dividend paying stocks outperformed the market during long periods of time. Large cap stocks have underperformed the market for years and should catch up in the next few years. This might be a good way to play them while receiving a dividend, while you wait. Here's what S&P Equity Research had to say about DLN: “DLN is quite diversified; it recently had about 295 holdings. DLN's top ten stock holdings represent 29% of the total, led by AT&T at about 5%, and Exxon Mobil at about 4%. Recently, DLN's largest sector weighting (about 20%) was in consumer staples, one of only three sectors that S&P's U.S. Equity Strategy Group advises overweighting. The others are technology and industrials.” “S&P believes that in view of concern about the strength of economic recoveries, the defensive, highy yielding consumer staples sector has potential for out performance. Consumer staples stocks owned by DLN recently included top ten holdings Procter & Gamble, Philip Morris International, and Wal-Mart Stores.” Like a father who loves his children because they are just like him, S&P Equity Research looks for mutual funds and ETFs that mirror its stock picks.
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