Dividend investors may want to reconsider owning DGRO. While the ETF may seem like a good option for those seeking income from dividends, there are some reasons why it may not be the best choice.
Firstly, DGRO has a relatively low dividend yield compared to other dividend-focused ETFs. This means that investors may not be getting as much income as they would with other options.
Additionally, DGRO’s dividend growth rate has been slower than some of its competitors. This could mean that investors may not see as much growth in their dividend income over time.
Furthermore, DGRO’s expense ratio is higher than some other dividend-focused ETFs. This means that investors may be paying more in fees, which can eat into their overall returns.
Overall, dividend investors may want to consider other options that offer higher dividend yields, faster dividend growth rates, and lower expense ratios.