Vanguard to Offer Dividend Fund

Written by The Dividend Guy on September 26, 2005

According to this link Vanguard is going to be offering a fund focused on dividend achievers - what their definition is for this I cannot tell, but I am assuming it is based on S&P’s Dividend Achiever’s Index. A good thing for those of you who do not want to research individual stocks and want a low cost alternative for your dividend investing.

EDIT: As per the comment I received from ‘king’, the fund will actually track to Mergent’s Dividend Acheiver Index, found here.
Thanks king!!


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4 Comments so far

  1. king September 26, 2005 6:03 pm

    The fund’s target benchmark will be the Mergent Dividend Achievers Select Index, a subset of the Mergent Dividend Achievers Index, which is a market-capitalization weighted index of approximately 300 stocks with a consistent history of increasing dividends.

    http://www.mergent.com/Dividend_Achievers.asp

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