iShares Adds Another Solid Dividend ETF To Its Lineup

BlackRock (NYSE:BLK) already has one of the most popular international dividend ETFs in the marketplace with the iShares International Select Dividend ETF (NYSEARCA:IDV). The company may have a similar winner on its hands with the debut of the iShares International Dividend Growth ETF (BATS:IGRO).

 

While the International Select Dividend ETF focuses on companies in developed markets outside of the U.S. with consistently high dividend yields, the International Dividend Growth ETF hones in on businesses with healthy balance sheets and a history of growing dividends. The fund is too young to determine a 30-day yield but it should be expected to carry a lower rate than the International Select Dividend ETF's 5.3% yield. The iShares Core Dividend Growth ETF (NYSEARCA:DGRO) - its counterpart on the domestic side - shares a similar management style and objective and carries a more modest 2.5% yield.

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