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
U.S. companies are lavishing their investors with more dividend income this year. dividend payments from companies based in the U.S. hit a record $164.3 billion in the first quarter, according to the latest Janus Henderson Global dividend Index. That's up 7% from last year's Q1.
Several companies contributed to the record, including Costco, which paid a massive $6.7 billion in dividends (including a one-time special dividend of $15 per share). Many others raised their payouts or initiated a dividend, including Meta Platforms, which made its first-ever dividend payment of $1.3 billion in March.
There are lots of ways to get a slice of this dividend income. You can invest directly in some of the top dividend stocks or buy an exchange-traded fund (ETF) focused on dividends. Here's a look at two top dividend ETFs to buy to add some passive income to your portfolio.
Source Fool.com
Meta Platforms Inc. Stock
We see a rather positive sentiment for Meta Platforms Inc. with 7 Buy predictions and 2 Sell predictions.
As a result the target price of 500 € shows a slightly positive potential of 6.0% compared to the current price of 471.7 € for Meta Platforms Inc..
