Published on 1 Jun 2024 on Motley Fool via Yahoo Finance
The top reason anyone might be interested in the SPDR Portfolio S&P 500 High Dividend ETF (NYSEMKT: SPYD) is clear. It's first and foremost a dividend payer. The fund's current dividend yield stands at a healthy 4.6%. For the sake of comparison, the S&P 500's average dividend yield right now is a much more modest 1.35%. Income-seeking investors could certainly do worse than stepping into this exchange-traded fund.