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Posts Tagged ‘dividend’

ETF Dividend Yield

April 21st, 2010

We are currently developing a system to help us making decision for our investment. It is not an automatic trading system. It is just a customized stock screener and filter. It will be used for Relative Strength Investing as well. We will be sharing the system in this blog later when it is complete and stable enough. We don’t have the timeline yet since we just do it as hobby in our spare time.

Our first project is a simple ETF screener. We gathered a list of all ETFs traded in the US stock exchange. Thanks to MasterDATA who has provided a free CSV file containing the complete list. Then we use data from Yahoo Finance! to generate various customized screeners. One of them is generating ETF dividend yield.

Click here to download table of ETF dividend yield (in CSV format)

Here is the 15 ETFs that pay highest dividend as of today.

Symbol	Dividend	Dividend Yield
EDV	13.962	17.95%
JNK	4.504	11.25%
DRW	2.522	9.30%
HYG	8.018	8.98%
REM	1.325	8.52%
PHB	1.548	8.51%
PGF	1.356	7.83%
PGX	1.038	7.49%
GRI	2.118	6.48%
PCY	1.652	6.24%
PFF	2.382	6.15%
LWC	2.197	6.11%
IFGL	1.772	6.08%
FFR	1.809	5.62%
HYD	1.702	5.56%

Links

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Posted in Project

Tags: dividend drw edv ETF gri high HYG Investment JNK PGF pgx phb rem yield

Comparing Closed-end Funds that Replicates S&P 500′s

March 4th, 2010

We mentioned in our previous posting that we allocate a small amount of our portfolio into closed-end funds. We also recommend you to do research before buying closed-end funds because they tend to be more expensive than ETFs. Besides, some closed-end funds use leverage which will add risk.

We would like to compare a couple of closed-end funds that track S&P 500, i.e.:

All those three funds are basically buying stocks in S&P 500. They tried to outperform S&P 500 by writing options (covered call). That’s why; if you look at their fact sheets, they pay very high dividend. BlackRock’s Enhanced Capital and Income Fund, for example, pays 12.64% dividend. Yes, it’s double-digit dividend.

Now, let’s compare the performance of those funds to SPY, which is the biggest ETF that replicates S&P 500. As you can see, none of those funds can beat SPY in the long run. From year 2007 until today, here are the return of those funds:

CII: –25.05%
ETB: –22.37%
JCE: –39.67%
SPY: –21.44%

Of course, if you choose the right funds, the overall return including dividend might be higher than SPY.

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Posted in Investment

Tags: CEF CII closed-end dividend ETB funds JCE s&p 500

Stocks with More than 10% Year Dividend Yield

February 22nd, 2010

If you believe that we’ll be in a range-bound market for some time, you might be looking for stocks that has high dividend yield. We posted a couple of stocks recommendation from Dr. Mark Skousen in our previous posting. Now, we’ll post stocks recommendation from Bryan Perry, editor of Cash Machine.

As always, we remind you to consult your financial advisor before making any decision. Some of Bryan’s recommendations are actually closed-end funds. Note that stocks with high dividend yield do not guarantee that they cannot go down in price. They may also cut their dividends at any time.