PRESS ROOM
WisdomTree Declares First Quarter Dividend Distributions
Thursday 23rd March '17
WisdomTree, the exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor today announced the dividend distributions for the first quarter of 2017 of the WisdomTree UCITS ETFs, as detailed below:
Announcement Date: 23 March 2017
Ex-Date: 30 March 2017
Record Date: 31 March 2017
Payment Date: 11 April 2017
Sub-Fund/Share Class | ISIN | Currency | Amount per Share |
---|---|---|---|
WisdomTree US Equity Income UCITS ETF | IE00BQZJBQ63 | USD | 0.1305 |
WisdomTree US Small Cap Dividend UCITS ETF | IE00BQZJBT94 | USD | 0.1304 |
WisdomTree US Quality Dividend Growth UCITS ETF - USD | IE00BZ56RD98 | USD | 0.1228 |
Key points to note:
- WisdomTree’s Equity Income ETFs tilt around defensive sectors such as energy, utilities and financials, offering an approach that hunts for valuation opportunities in different regional equity markets.
- The yield premium attained with WisdomTree’s Equity Income approach was harnessed by three key components:
- By screening for the highest dividend-yielding segment of the stock market, all non-dividend payers were automatically excluded from the index, unlike market-cap weighted indices, where size will potentially expose investors to low yields or non-dividend payers.
- By weighting by total cash-dividends as opposed to just dividend yield, the risks to value traps were mitigated, as stocks demonstrating the largest cash dividends received the highest weight.
- Through the annual rebalance, sufficient scope allowed for value opportunities to emerge and for expensive growth stocks to be removed. Over several rebalancing cycles, a yield premium over market-cap weighted strategies is maintained, along with the potential for better risk-adjusted returns.
WisdomTree UCITS ETF Index yields vs comparative indices:
Comparisons | Trailing 12M Dividend Yield |
---|---|
WisdomTree US Equity Income NTR Index (USD) | 3.61% |
S&P 500 NTR Index (USD) | 1.99% |
WisdomTree US SmallCap Dividend NTR Index (USD) | 3.60% |
Russell 2000 NTR Index (USD) | 1.40% |
WisdomTree Europe Equity Income NTR Index (EUR) | 5.31% |
MSCI Europe NTR Index (EUR) | 3.42% |
WisdomTree Europe SmallCap Dividend NTR Index (EUR) | 3.66% |
MSCI Europe Small Cap NTR Index (EUR) | 2.44% |
WisdomTree Emerging Markets High Dividend NTR Index (USD) | 5.21% |
MSCI Emerging Markets NTR Index (USD) | 2.47% |
WisdomTree Emerging Markets SmallCap Dividend NTR Index (USD) | 4.27% |
MSCI Emerging Markets Small Cap NTR Index (USD) | 2.24% |
WisdomTree Emerging Asia Equity Income NTR Index (USD) | 5.10% |
MSCI Emerging Markets Asia NTR Index (USD) | 2.27% |
WisdomTree UK Equity Income NTR Index (GBP) | 4.74% |
FTSE 350 TR Index (GBP) | 3.72% |
WisdomTree U.S. Quality Dividend Growth NTR Index (USD) | 2.21% |
Dow Jones US Select Dividend NTR Index (USD) | 3.48% |
WisdomTree Eurozone Quality Dividend Growth NTR Index (EUR) | 2.13% |
EURO STOXX Select Dividend 30 NTR Index (EUR) | 4.58% |
WisdomTree Global Developed Quality Dividend Growth NTR Index (USD) | 2.40% |
STOXX Global Select Dividend 100 NTR Index (USD) | NA |
WisdomTree Germany GBP-Hedged Equity NTR Index | 3.07% |
MSCI Germany NTR Index (GBP) | 2.57% |
WisdomTree Europe Hedged Equity NTR Index (USD) | 3.23% |
MSCI EMU USD Hedged NTR Index | 3.20% |
WisdomTree Japan Hedged Equity NTR Index (USD) | 2.40% |
MSCI Japan USD Hedged NTR Index | 1.97% |
Optimised Roll Commodity Total Return Index (USD) | N/A |
Bloomberg Commodity TR Index (USD) | N/A |
Source: Bloomberg, WisdomTree as at 28 February 2017.