U.S. companies paid a record $164.3 billion in dividends in Q1, with ETF recommendations.

From NASDAQ: 2024-06-01 05:37:00

U.S. companies paid a record $164.3 billion in dividends in Q1, up 7% from last year. Costco paid a massive $6.7 billion, and Meta Platforms initiated its first-ever dividend. Schwab U.S. Dividend Equity ETF and SPDR S&P Dividend ETF offer exposure to top dividend stocks with yields double the S&P 500. Investors can access quality dividend-paying companies for an ultra-low cost of 0.06%. SPDR S&P Dividend ETF focuses on S&P High Yield Dividend Aristocrats Index, offering steadily rising dividend income from companies with long histories of increasing payouts. Dividend income continues rising, with many U.S. companies increasing payouts. Investment in dividend-focused ETFs like Schwab U.S. Dividend Equity ETF and SPDR S&P Dividend ETF provides an easy way for investors to access growing passive income. Investors can consider Schwab U.S. Dividend Equity ETF for long-term growth potential with recommendations from The Motley Fool Stock Advisor team. Motley Fool analysts have identified 10 stocks with substantial return potential that may outperform Schwab U.S. Dividend Equity ETF in the coming years.



Read more at NASDAQ: U.S. Companies Paid a Record $164.3 Billion in Dividends in the First Quarter. Here Are 2 ETFs to Buy to Get a Slice of That Income