S&P TECHNOLOGY DIVIDEND ARISTOCRATS ETF (TDV)
WHO ARE THE S&P TECHNOLOGY DIVIDEND ARISTOCRATS?
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The Value of Well-Established Technology-Related Companies
Some investors are attracted to the return potential of investing in technology. But many early-stage companies are focused on emerging tech and rapid growth, which can lead to overvaluation and high volatility. Well-established technology-related companies, on the other hand, have typically changed how they allocate capital. They often demonstrate commitment to shareholders through dividends.
ProShares S&P Technology Dividend Aristocrats ETF (TDV) is the only ETF focusing on the well-established companies of the S&P Technology Dividend Aristocrats—quality names that have consistently raised their dividends for at least seven consecutive years. As a group, they have had hallmarks of quality like stable earnings, solid fundamentals, and often strong histories of profit and growth. Who are these companies and what kind of technology services do they provide? Let’s look at a few of them.
Apple, Inc. (Nasdaq: AAPL) | 8 years of dividend growth | Cupertino, California
- Founded in 1976, the largest tech company by revenue and first trillion-dollar public U.S. company.
- The world's largest music retailer (iTunes) and the third-largest mobile phone manufacturer.
- Over 1.65 billion products in use worldwide and more than $274 billion in revenue in 2020.
Activision Blizzard, Inc. (Nasdaq: ATVI) | 10 years of dividend growth | Santa Monica, California
- Founded in 2008,a leading developer, publisher and distributor of interactive gaming, digital entertainment and leisure products for consoles, handheld platforms and PCs.
- World’s #1 cross-platform gaming company, with over 400 million monthly users in 190 countries and $8.09 billion in net revenue in 2020.
Visa, Inc. (NYSE: V) | 12 years of dividend growth | Foster City, California
- Founded in 1958, the world's second-largest card payment company with customers in over 200 countries and territories.
- Processed 140.8 billion transactions worth $8.8 trillion, earning net revenues of $21.8 billion in 2020.
About TDV and the S&P Technology Dividend Aristocrats Index
ProShares TDV tracks the S&P Technology Dividend Aristocrats Index, which targets well-established, technology-related companies that have not just paid dividends, but consistently grown them for at least seven consecutive years. Holdings are primarily companies from the information technology sector. They may also include technology-related companies in the communication services and consumer discretionary sectors, which may cover internet direct marketing retail, interactive home entertainment, and interactive media and services.
The index’s requirement for seven years of consecutive dividend growth points to the historical strength and stability of its constituents. And the S&P Technology Dividend Aristocrats is equally weighted, which means index performance is not overly dependent on just a few large holdings.S&P Technology Dividend Aristocrats Index Holdings
As of February 1, 2021, the index held 39 companies with an average 12.26 years of consecutive dividend growth.
Index constituents as of 2/1/2021. Subject to change. TDV intends to hold securities in approximately the same proportion as the index, but there is no guarantee it will. If fewer than 25 stocks meet criteria, the index may include companies with shorter dividend growth histories. View the complete list of TDV's daily holdings.
Learn More
- See the TDV product page for performance, pricing, index information and more.
- Download a TDV Product Profile.
- Download a TDV Fact Sheet.
- Visit our Dividend Growers page for complete information about the nation's largest lineup of ETFs focused on dividend growth.
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