ETFs for Dividend Seekers

Karyn Mccormack

Starting Sept. 15, investors will be able to invest in three new baskets of dividend-paying companies. The three new PowerShares “Dividend Achievers” Portfolios, which will trade on the AMEX, are exchange traded funds (ETF) based on the Mergent Dividend Achievers indexes. A "dividend achiever" is a company that has increased annual dividends for at least 10 consecutive years.

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