FDVV, or the Fidelity Dividend ETF for Rising Rates, offers investors a solid 2.76% dividend yield that appeals to those with income and capital appreciation goals. This ETF is designed to provide investors with a way to generate income while also potentially benefiting from rising interest rates.
The dividend yield of 2.76% is attractive to investors who are looking for a steady stream of income from their investments. This can be especially appealing to those who are retired or nearing retirement and rely on their investments to provide them with income. Additionally, the potential for capital appreciation can provide investors with the opportunity to see their investments grow over time.
One of the key benefits of FDVV is its focus on companies that have a history of raising their dividends. This can provide investors with a sense of security knowing that they are investing in companies that have a track record of rewarding their shareholders with increased dividends over time.
Overall, FDVV can be a good option for investors who are looking for a combination of income and capital appreciation. With its 2.76% dividend yield and focus on companies with a history of raising dividends, this ETF can help investors meet their investment goals while also potentially benefiting from rising interest rates.