WisdomTree prepares ETF focused on dividend growth

05/21/2013 | IndexUniverse.com

WisdomTree is set to launch an exchange-traded fund that buys the stock of companies that it thinks have a good prospect of paying an increasing dividend. The WisdomTree U.S. Dividend Growth Fund is linked to an index of 300 dividend-paying stocks ranked by prospect for long-term increase in earnings, return on assets and return on equity. The companies must have a market capitalization of $2 billion or more and a 12-month history of paying dividends.

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