ETF Surge in Dividend Stocks
This is a U.S. news story, published by Yahoo Finance, that relates primarily to Morningstar news.
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high dividend payoutsReuters
•US dividend ETFs bask in investor attention after jumbo Fed rate cut
80% Informative
U.S. exchange-traded funds that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month .
The group of 135 dividend ETFs tracked by Morningstar pulled in $3.05 billion in September , the same month the Fed cut interest rates by 50 basis points.
That compares to average monthly inflows of $424 million in the first eight months of 2024 .
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