Dividend ETFI've been holding this for more than a year and collecting dividends. With a yield 12.56% and Payout Ratio 47.12% is a good long term holding for your portfolio. Now is forming a falling wedge, looks like is going to break out. Even if the breakout fails eventually it will try again. In the mean time it pays good dividends every month.
SDIV trade ideas
Good long term move, not a short term tradeGood place to park profits/nest egg funds. This spits out about 70-90 cents per share annually, so your'e looking at 7-9% in dividend income annually. I think its found a bottom as well, meaning your'e looking at 14-19% over the next few years given moderate price gains