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Claymore Rolls Out Dividend Growers ETF

Claymore Investments has unveiled the common and adviser class units of the Claymore S&P U.S. Dividend Growers ETF.

Claymore Investments has unveiled the common and adviser class units of the Claymore S&P U.S. Dividend Growers ETF. The exchange-traded fund (ETF) is designed to replicate the performance of the S&P High Yield Dividend Aristocrats CAD Hedged Index.

The index comprises the 60 highest dividend-yielding constituents of the stocks of the S&P Composite 1500 Index that have increased dividends every year for at least 25 consecutive years. The units of the portfolio will be traded on the Toronto Stock Exchange.

Click here for the release from Canada Newswire.

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