5 Reasons to Buy Vanguard High Dividend Yield ETF Like There's No Tomorrow
Vanguard High Dividend Yield ETF (NYSEMKT: VYM) has its flaws, but then so does every other investment you will ever buy. What's interesting about the dividend-focused exchange-traded fund (ETF) is what it does well. Here's why some, though not all, dividend investors may want to back up the truck and buy this income-focused ETF like there's no tomorrow.
With the word dividend in the name, you are probably looking at Vanguard High dividend ETF as a source of income. So the dividend yield is the place to start in this review. But the story really needs to start with the scant 1.2% dividend yield on offer from the S 500 index (SNPINDEX: ^GSPC). Vanguard High Dividend ETF easily bests that bar, offering a yield of roughly 2.6%.
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Source Fool.com
