FramedLuxury

Safe dividend stock

Long
AMEX:SDY   SPDR S&P Dividend ETF
This is a good dividend stock for people who are dipping into ETF's, however, there is a trade-off.

Pros: This is a safe stock with good safe growth and potential.
Cons: Fluctuating dividend price (not in a good way), modest dividend rate.

This is a good ETF to have in your portfolio, however, this should not be your only/ main one.
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