State Street lists high dividend yield ETFs

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SPDR ETF, the exchange-traded funds platform of State Street Global Advisors (SSgA), has launched two new ETFs on the London Stock Exchange.

The SPDR S&P US Dividend Aristocrats ETF and the SPDR S&P Emerging Markets Dividend ETF both invest physically in equities with high dividend yields. Commenting on the launches, Eleanor Hope-Bell, head of the Intermediary Business Northern Europe at SSgA said: "The S&P High Yield Dividend Aristocrats Index includes high-quality companies that pay consistent dividends, unlike some other dividend indices that tend to focus only on high dividend yields. "Emerging markets have also advanced enough now to identify a diversified group of stocks that pay relatively high dividends. Together, ...

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