Morningstar’s Dividend ETF Is Kind of Perfect for Retirees Right Now
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A retiree living off a portfolio needs income that keeps coming. The First Trust Morningstar Dividend Leaders Index Fund (NYSEARCA:FDL) has paid distributions four times a year since 2006. FDL tracks Morningstar’s dividend leaders index, a rules-based basket of established U.S. companies with long payout records. The quarterly checks change size, and that matters for anyone
A retiree living off a portfolio needs income that keeps coming. The First Trust Morningstar Dividend Leaders Index Fund (NYSEARCA:FDL) has paid distributions four times a year since 2006. FDL tracks Morningstar’s dividend leaders index, a rules-based basket of established U.S. companies with long payout records. The quarterly checks change size, and that matters for anyone
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