These 3 Dividend ETFs Are a Retiree's Best Friend

Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will receive from Social Security. One way to obtain both dividends and diversification is to invest in exchange-traded funds (ETFs) that own baskets of dividend stocks. These three dividend ETFs fit the bill nicely.

These exchange-traded funds offer easy ways to invest in baskets of dividend stocks with attractive yields: State Street's SPDR S&P Global Dividend ETF (WDIV) offers an easy way to invest in a large number of global companies with high dividend yields. Even better, the ETF looks for companies that have increased or maintained their dividends for at least 10 consecutive years. Vanguard markets several dividend ETFs that retirees might like. Its Vanguard International High Dividend Yield Fund (VYMI) especially stands out. As its name indicates, this ETF provides exposure to international stocks that are expected to pay above-average yields. Retirees love high dividend yields and low volatility. Invesco operates an ETF that aims to provide both -- the Invesco S&P 500 High Dividend Low Volatility ETF (SPHD).

Source: Motley Fool

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