iShares Select Dividend ETF [DVY] Stock Forecast

Is this the right time to invest in dividend ETFs? Take a peek at the opportunities available.

In today's article, I will demonstrate how you could allocate $15,000 among two dividend-paying ETFs and my top 10 dividend growth companies for June 2023. This investment portfolio offers you a Weighted Average Dividend Yield [TTM] of 3.12% and a broad diversification over Sectors and Industries. The selected picks have also shown a Weighted Average Dividend Growth Rate [CAGR] of 11.67% over the past 5 years.

When looking for the best dividend ETFs for retirement, stability often outweighs thrill. Investing in growth stocks can be exciting, but for retirees, the allure lies in investments offering predictable performance and regular profits over the long term.

iShares Select Dividend ETF offers high quarterly income checks, steady income growth, and broad diversification. Weak 3-month price change could be opening a smart buy entry for new capital. DVY could be a core position in an income-oriented portfolio, with targeted annualized total returns of +9% to +10% in the future.

Dividend stocks underperform in 2023, with the iShares Select Dividend ETF down more than 9% YTD. DVY has a large overweight in the defensive Utilities sector and is an active bet against growth in favor of mid-cap value. The fund is currently at key support levels with weak momentum.

The iShares Select Dividend ETF (DVY) was launched on 11/03/2003, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.

High dividend yield ETFs gained popularity when interest rates were near zero because investors found it hard to generate sufficient income from their investments. That was especially true regarding guaranteed investments such as U.S. Treasuries.

All the year's market gains come from AI stocks

Warren Buffett likes to brag about dividends from S&P 500 stocks. But this year he's scoring gains with no dividend Warren Buffett stocks.

The dividend-focused products offer safety through payouts and stability in the form of mature companies that are less volatile amid large swings in stock prices.