Many dividend funds pay on a quarterly basis, but more frequent pay periods could lead to more stable payout amounts for dividend-hunting investors, according to Investor’s Business Daily.
The WisdomTree Equity Income Fund (NYSEArca: DHS) and the WisdomTree Dividend Ex-Financials Fund (NYSEArca: DTN) were highlighted in the article, as both pay dividends on a monthly basis, according to the article.
The funds recently produced yields of 3.8 and 3.0 percent, respectively, IBD said.
DHS is mainly composed of large-caps like AT&T and Pfizer, but DTN is the better choice for those aiming for less volatility, as the fund lacks exposure to financial stocks, according to the article.
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