Any thoughts on QYLD or PBR for high dividend yields? Thanks.
It’s (QYLD) a high risk ETF in a rising market, but this sideways market has allowed QYLD to generate some nice taxable returns in the 12% range/per annum over the last 6 months or so. There are some other threads where the negatives have been pointed out. If you use the search bar up in the right hand corner for QYLD you can go over those threads. Not well informed on PBR but its price action suggests buyers getting in and out to collect the dividends which are pretty solid too…doc
PBR is a difficult investment to commit to. With a current yield of 65%(!) but a bizarrely high variation in dividend payouts and timing, it’s questionable.
More to this: Petrobras does not have a good track record when it comes to paying shareholders dividends. It eliminated the dividend in 2014 and did not pay one again until 2018.
Petrobras’ largest shareholder is the Brazilian government. As a result, the dividend has become the plaything of recent presidents.
There are a lot of high dividend ETF’s. I was surprised when I started to look this list over…doc
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