Altria

Franklin Resources

Vici Properties

ONEOK

Bristol-Myers

Huntington Bancshares

Regions Financial

Williams

LyondellBasell Industries

Chevron

Invesco S&P High Dividend Growers ETF

DIVG tracks a yield-weighted index of 100 companies in the S&P 500 with the highest forecasted dividend yield growth.

The new Invesco S&P 500 High Dividend Growers ETF selects 100 companies from the S&P 500 Index that have increased or maintained dividend per share payments for five years. DIVG has a 0.39% expense ratio and only $2.8 million in assets under management with 100K shares outstanding. I estimate the ETF yields 3.44% at current prices. DIVG is a solid income play, as its Index's unique calculation for forecasted dividend growth ends up emphasizing dividend yield more. However, there are no additional quality screens.

DIVG: Should You Buy This New Monthly Paying Dividend Growth ETF?

The new ETF DIVG looks to pick about 100 stocks with the highest forecasted dividend yield growth from the eligible stocks in the index. Stocks will have a forecasted dividend yield greater than zero and continue a dividend yield every year for at least five consecutive years.

Tap Both High Dividend Yield & Growth With This New ETF (DIVG)

Invesco Nasdaq Free Cash Flow Achievers ETF

Invesco has launched two ETFs: one focused on strong and forecasted high dividend growth, and another targeting strong cash flow. The two funds add to the firm's lineup of smart beta ETFs.

News for Invesco S&P High Dividend Growers ETF ETF (DIVG)