Illustration by Alvaro Sanmarti
Illustration by Alvaro Sanmarti

10 ETFS that pay generous dividend income



Investing is a numbers game, and two of the most important figures to check are the dividend yield and investment fund charge.

If you can combine a high annual dividend yield with a low annual charge, you can turbo-charge your returns.

A number of low-cost exchange traded funds (ETFs) can help in this way, by offering generous dividend yields and rock bottom charges, with a total expense ratio (TER) ranging from as little as 0.07 per cent to 0.75 per cent on most funds.

ETFs are passive index tracking funds that can be bought and sold easily like shares, at minimal cost.

They offer one of the simplest ways to get rich from stocks and shares, because you do not need any stock picking ability.

Simply choose a balanced spread of funds, covering different sectors, markets and regions, and resist the temptation to fiddle with the formula or raid your money to fund yet another lavish holiday.

Vijay Valecha, chief market analyst at Century Financial Brokers in Dubai, says ETFs are a great option for ordinary investors looking to build their wealth due to their low charges and simplicity.

“Dividend-paying ETFs are a prime attraction since they offer a low-cost way for tapping income from a diverse spread of hundreds or thousands of global stocks and bonds covering every sector you can imagine.”

Dividend-paying ETFs are not just for income, they also offer growth if you reinvest your dividends. You may still want to balance them with funds focusing on capital growth. Here are 10 attractive high yielders to consider: (HERE FOR THE NEW INVESTOR, can you have a quick line explaining the titles - ie what the name of the ETF is and then what the letters in brackets refer to)

Global X SuperDividend US ETF (DIV)

This ETF follows the fortunes of the Indxx SuperDividend US Low Volatility Index and invests in 50 of the highest dividend yielding stocks on the US market.

It currently yields a generous 4.85 per cent, with annual charges of 0.45 per cent, making it ideal for income seekers who want exposure to dividend stocks in the world's largest economy. Remember that yields are not guaranteed and can be cut or scrapped if a company runs into trouble.

iShares JP Morgan USD Emerging Markets Bond ETF (EMB)

Emerging markets have outperformed the developing world in the past two years and many investors are also waking up to emerging market bonds, which offer higher yields than you will get on, say, US government bonds, albeit with greater volatility and risk.

This ETF currently yields 5.55 per cent a year from investing in US dollar-denominated government bonds issued by countries such as Ecuador, Russia, Poland, Peru, Egypt and Colombia, with charges of 0.40 per cent a year.

iShares Euro Dividend UCITS ETF (IDVY)

For those wanting exposure to Europe, this ETF tracks the performance of an index of 30 eurozone stocks with generous dividend yields.

The eurozone may be in turmoil due to fears over Italy's political and economic future, but many companies are growing strongly, raising earnings and boosting dividend payouts. This ETF gives you exposure to their fortunes, with a current yield of 4.28 per cent, and TER of 0.40 per cent a year.

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Read more:

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Nuveen Preferred & Income Securities Fund (JPS)

If you want a really high income, this fund yields 7.48 per cent a year. It aims to offer high income while limiting the risks with half its holdings invested in securities rated investment grade, while focusing on highly regulated sectors. Remember, higher income invariably means higher risk, and the fund also uses leverage, borrowing money in the hope of generating higher returns. It is relatively expensive for an ETF, with annual charges totalling 1.43 per cent.

Oliver Smith, portfolio manager at online trading platform IG, which has offices in Dubai, notes that dividend-focused ETFs tend to avoid technology stocks, which have performed exceptionally well over the past five years and now form an increasingly sizeable amount of large cap indices. “The tech sector now makes up more than 24 per cent of the S&P 500, but yields just 1.2 per cent, so you will get little exposure from a dividend fund.”

Safer, lower risk dividend stocks are likely to swing back into fashion, but are not without their dangers, he warns.

iShares Core FTSE 100 (ISF LN)

The FTSE 100 continues to offer the highest yield of the major developed markets and with companies generating three quarters of their earnings overseas, you get global exposure too.

The income is currently 3.87 per cent, with low charges of just 0.07 per cent. Investors should treat the UK with some caution due to the concentration risk, with HSBC, BP and Royal Dutch Shell accounting for 24 per cent of market cap.

iShares EM Dividend (SEDY)

Those happy to take on higher-risk might consider investing in emerging market stocks, many of which pay income as well. This ETF offers a yield of 4.2 per cent with charges of 0.65 per cent, by investing in 100 emerging market companies that have paid healthy dividends for at least three years.

BMO Barclays Global High Yield GBP Hedged (ZHYG LN)

Investors who want exposure to bonds should consider this ETF, which invests in a global spread of bonds, with heavy exposure to the US.

The high yield bond market is riskier than investment-grade bonds, but offers higher potential income. This ETF is also currency hedged and yields 4.84 per cent, with charges of 0.35 per cent.

Sam Instone, director of UAE-based financial advisers AES Investments, says as well as looking at the headline yield, you also need to look at the underlying investments within an ETF. "Otherwise you could take on more risk than you are comfortable with.”

For example, the UK's FTSE 100 contains some of the most consistent dividend payers but with heavy weighting towards oil majors such as BP and Royal Dutch Shell, and mining giants such as BHP Billiton and Rio Tinto. “A high-yielding equity ETF may have a large exposure to these sectors, which can be more volatile than the overall market.”

Mr Instone says the next two ETFs (listed below) give you a far broader exposure to reduce risk.

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iShares USD Corporate Bond ETF (LQDE LN)

This fund seeks to track the performance of an index composed of US dollar-denominated investment grade corporate bonds across a range of sectors including industrials, utilities and financial companies.

This makes it lower risk but it offers a generous yield of 3.40 per cent a deal with a TER of just 0.20 per cent.

iShares UK Equity Index fund (BCUKEXA)

You can generate capital growth and dividend income by closely tracking the performance of the FTSE All Share Index, which offers a wider spread of shares than the FTSE 100. It currently yields 2.81 per cent, with rock bottom charges of just 0.01 per cent.

Tom Anderson, senior investment manager at wealth advisers Killik, who has clients in Dubai, says one of the benefits of dividend investing is that successful companies aim to increase their payouts year after year, which means you can lock into a rising income.

SPDR Global Dividend Aristocrats UCITS ETF (GBDV)

This popular ETF tracks the performance of the highest-yielding companies within the S&P Global Broad Market Index, that have either held or increased their dividends for at least 10 years. It currently yields 3.5 per cent with annual charges totalling 0.45 per cent.

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How to maximise your returns

If you combine a high dividend with a low annual charge, you can generate steady returns year after year, offsetting stock market volatility.

The key is to reinvest dividends back into your portfolio for growth, rather than banking the income. This way you buy more stock, which generates more dividends, which buys more stock, and so on.

Over lengthy periods this compounding effect can double your returns, according to new research from Fidelity.

If you had invested £100 (Dh491) a month in the UK’s FTSE All Share Index over the past 10 years and reinvested all of your dividends, your portfolio would be worth £19,382. However, if you had taken the dividends as income you would have just £15,837, around £3,500 less.

Dividend investing really proves its worth over longer periods. After 30 years your portfolio would be worth £140,585 with dividends invested, twice as much as the £70,923 you would have if you had withdrawn and spent the dividends.

Fidelity investment director Tom Stevenson said the earlier you start, the better. “For compounding to supercharge your returns it requires two simple ingredients: time and the regular reinvestment of returns.”

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ETFS explained

The five largest ETF providers are BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank AWM X-Trackers and Invesco PowerShares. ETF names can often seem technical and a little off-putting. They typically include the provider names such as iShares, but not always, plus a short description of the index they are benchmarking. This is sometimes shortened, for example iShares EM Dividend ETF tracks a balanced spread of emerging market stocks and shares, while SPDR Global Dividend Aristocrats UCITS ETF, part of the SPDR range of funds, follows a spread of global companies that pay high dividends. Some funds include the acronym UCITS, which is short for Undertakings in Collective Investments in Transferable Securities and means funds that are regulated to be sold across the EU and beyond. The letters in brackets are often called the ticker, and make it easier to identify the right fund online, and on your share dealing websites. Some ETFs may have more than one ticker, which vary according to the jurisdiction they are sold in, or the underlying currency.

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

Company profile

Company name: Suraasa

Started: 2018

Founders: Rishabh Khanna, Ankit Khanna and Sahil Makker

Based: India, UAE and the UK

Industry: EdTech

Initial investment: More than $200,000 in seed funding

How to report a beggar

Abu Dhabi – Call 999 or 8002626 (Aman Service)

Dubai – Call 800243

Sharjah – Call 065632222

Ras Al Khaimah - Call 072053372

Ajman – Call 067401616

Umm Al Quwain – Call 999

Fujairah - Call 092051100 or 092224411

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

RACE CARD

6.30pm: Maiden (TB) Dh82,500 (Dirt) 1,200m

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UAE currency: the story behind the money in your pockets
PROFILE

Name: Enhance Fitness 

Year started: 2018 

Based: UAE 

Employees: 200 

Amount raised: $3m 

Investors: Global Ventures and angel investors 

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Friday's schedule at the Etihad Airways Abu Dhabi Grand Prix

GP3 qualifying, 10:15am

Formula 2, practice 11:30am

Formula 1, first practice, 1pm

GP3 qualifying session, 3.10pm

Formula 1 second practice, 5pm

Formula 2 qualifying, 7pm

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Power: 150hp
Torque: 250Nm
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Engine: 3-litre twin-turbo V6

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SPECS

Engine: Two-litre four-cylinder turbo
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Transmission: Nine-speed automatic
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How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT)

Tuesday
Mairobr v Liverpool
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Benfica v Manchester United
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Business Insights
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  • US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
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Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

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HOSTS

T20 WORLD CUP 

2024: US and West Indies; 2026: India and Sri Lanka; 2028: Australia and New Zealand; 2030: England, Ireland and Scotland 

ODI WORLD CUP 

2027: South Africa, Zimbabwe and Namibia; 2031: India and
Bangladesh 

CHAMPIONS TROPHY 

2025: Pakistan; 2029: India  

The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

Cinco in numbers

Dh3.7 million

The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown

46

The number, in kilograms, that Swarovski’s wedding gown weighed.

1,000

The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]

50

How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday

3,000

The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.

1.1 million

The number of followers that Michael Cinco’s Instagram account has garnered.

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%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Nikhil%20Nagesh%20Bhat%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3C%2Fstrong%3E%3A%20Lakshya%2C%20Tanya%20Maniktala%2C%20Ashish%20Vidyarthi%2C%20Harsh%20Chhaya%2C%20Raghav%20Juyal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204.5%2F5%3Cbr%3E%3C%2Fp%3E%0A
The years Ramadan fell in May

1987

1954

1921

1888

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

SPEC%20SHEET%3A%20APPLE%20IPHONE%2014
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Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Hoopla%3Cbr%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMarch%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Jacqueline%20Perrottet%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2010%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%3Cbr%3E%3Cstrong%3EInvestment%20required%3A%3C%2Fstrong%3E%20%24500%2C000%3C%2Fp%3E%0A
COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
The more serious side of specialty coffee

While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.

The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.

Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”

One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.

Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms. 

COMPANY%20PROFILE
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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

'Tell the Machine Goodnight' by Katie Williams 
Penguin Randomhouse