Long-term Stock Index Investing: Own the Invesco High Yield Equity Dividend Achievers ETF to Track Dividend Growth Stocks

The Invesco High Yield Equity Dividend Achievers ETF, an exchange-traded fund that  tracks the Nasdaq US Dividend Achievers 50 Index, is a quick and easy way to own U.S. dividend-paying stocks with at least ten consecutive years of increasing dividends. Its trading symbol is PEY.

Because DIA includes dividend-paying stocks, be sure to elect dividend reinvestment when you buy the ETF in your brokerage account. After that the actual dividend reinvestment process will be done automatically. Here is a chart of PEY dividends.

The following chart show returns for an initial $10,000 investment in PEY made in February 2005.

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Making Money with Long-Term Index ETFs: 10-Year Returns

Making Money with Long-Term Index ETFs: 20-Year Returns