Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Investors Finding Dividends In An Unlikely Place: Energy: (XLE) vs. (XLU)

FYI: With interest rates poised to fall, investors are hunting for a way to squeeze a little more profit from their portfolios.

One popular refuge is staid utility stocks, which pay a steady stream of reliable dividends. But in an unusual twist, there is a better dividend payout from an unexpected source: risky energy companies.

The dividend yield on State Street Corp. STT 1.14% ’s Energy Select SPDR exchange-traded fund is running about 3.4%, beating the 3.1% yield on the Utilities Select SPDR fund for only the second time in a decade.

M* Snapshot XLE:

M* Snapshot XLU:
Sign In or Register to comment.