Author: Simply Safe Dividends

What would happen if we invested only in monthly-paying dividend stocks? The $1 million portfolio we built throws off some serious income, spread almost evenly across every month of the year. But is this a safe strategy for retirement income? The results surprised us…

We reviewed and ranked our top 10 dividend ETFs for income and long-term total returns. While investing has no shortcuts, we believe these dividend ETFs are some of the best one out there for dividend growth investors.

These companies have pricing power to pass through inflating costs, low debt to protect from higher interest rates, and essential products that generate steady cash flow. In addition, they offer dividend yields near 3% or higher, have paid uninterrupted dividends for at least 20 years, outperformed the S&P 500 during the 2007-2009 financial crisis, and have a Safe or Very Safe Dividend Safety Score.

In this guide, we will answer these questions and review how covered call ETFs work, dividend safety concerns, the performance of covered call ETFs, tax consequences of owning covered call ETFs, and whether retirees should own these high-yield funds.