The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that tracks the Morningstar Global ex-US Dividend Growth Index. The ETF invests in a diversified portfolio of approximately 350 large and mid-cap international companies across developed and emerging markets, excluding the United States. These companies must have a history of consistent dividend growth over the past five years, a minimum market capitalization of $1 billion, and a minimum trading volume of $5 million.
The ETF uses a quantitative approach to select companies for the portfolio based on factors such as dividend growth, quality, and value. The expense ratio of the iShares International Dividend Growth ETF is 0.22%, which is lower than the category average, making it a cost-effective option for investors.
As of February 18, 2023, the iShares International Dividend Growth ETF had a dividend yield of approximately 2.86%, which may make it an attractive investment opportunity for income-oriented investors seeking exposure to international dividend-paying companies. Overall, the iShares International Dividend Growth ETF may be a good option for investors looking to diversify their portfolios with international dividend growth stocks.
The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that tracks the Morningstar Global ex-US Dividend Growth Index. The ETF invests in a diversified portfolio of approximately 350 large and mid-cap international companies across developed and emerging markets, excluding the United States. These companies must have a history of consistent dividend growth over the past five years, a minimum market capitalization of $1 billion, and a minimum trading volume of $5 million.