CORESHARES Divtrax tracks the S&P South Africa Dividend Aristocrats Index. This index consists of companies that have increased or maintained stable dividends for the last 7 consecutive years. A company that fails to pay a dividend is excluded from the index when the index is reviewed.
Benefits to the investor:
- Shares included in the ETF have a reliable track record, providing consistent income to investors
- Generally companies that pay out consistent dividends are seen to have better fundamentals
- Looks at actual paid dividends as opposed to dividend yields which could be higher due to a falling share price