Multi-asset investment platform eToro has launched a 40-stock DividendGrowth portfolio targeting companies that have paid a dividend for the past 20 years.
The portfolio screens for a consecutive dividend payment and is based on market cap, beta, five-year dividend average growth and previous year dividend yield. Seeking out dependable income in uncertain times Procter and Gamble, Diageo, IBM, PepsiCo, AT&T and L'Oreal are among the stocks selected for the global portfolio, which has a minimum investment of $2,000 (£1,600). The DividendGrowth portfolio is the first in eToro's 2020 efforts "to make traditional investment strategies more accessible for people", the firm explained. CEO and co-founder of eToro Yoni Assia said investing...
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