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Do you like any exchange-traded funds that track dividend aristocrats?
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According to a registration statement filed with the U.S. Securities and Exchange Commission, the ETFs will be based on indexes that track dividend-paying stocks, a twist on the traditional style of tracking the large U.S. and foreign market indexes.
That plan will deeply cut dividend payments while raising cash by selling tracking stock tied to its old-fashioned utility business back in Michigan.
SSE on track for dividend increase The energy company SSE, which trades as Southern Electric, Scottish Hydro and Swalec, said it was on track to deliver a full-year dividend increase for 2013-14 that is greater than RPI inflation.
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I am most concerned when companies tout their long track records of dividend payouts.
Despite the profit warning, Majestic said it was on track to resume dividend payments this year and to achieve its goal of £500m sales by 2019.
The six utilities below yield at least 5%, and have a track record of dividend increases.
Some public utility-related issuers are more apt to hang in there, and with energy costs seeming a bit range bound we'll see if that persists they may be in the best position to stay with their dividend track record.
That could be changed, to make dividends on retirement accounts not subject to eventual taxation, but keeping track of such dividends over the years would require large amounts of paperwork and make the tax laws even more complicated, not to mention the impact it would have on government revenue.
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