Q: Seeking 'safer' income stocks, would you be able to comment on the latest earnings from these 2 ETF's?
How sustainable are the current payouts and would it be better to purchase the larger Cap HHL for stability?
Thanks in advance, Ted.
How sustainable are the current payouts and would it be better to purchase the larger Cap HHL for stability?
Thanks in advance, Ted.
5i Research Answer:
DIV is not an ETF, but a royalty company owning a collection of royalty assets. Earnings comments are here. HHL does not really report earnings in the typical sense as it simply owns other securities. Certainly the healthcare sector is more stable than a small cap royalty company and HHL looks better for general income investors. Its dividend can vary with the performance of its holdings but has been very stable for the past eight years (no increases, though).