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The 10 Dividend ETFs to Buy for a Diversified Portfolio

Assets in U.S. dividend exchange-traded funds (ETFs) have grown exponentially over the past decade. In 2009, America's dividend ETFs collectively held less than $20 billion. By September 2019, they had shot up to almost $200 billion.

In good times and bad, dividend stocks act almost like rent checks, coming monthly or quarterly like clockwork. Many investors, whether you're a professional working on Wall Street or a regular Joe on Main Street, swear by them.

Dividend ETFs take the strategy up a notch by providing investors with a diversified portfolio of dividend-paying stocks. This allows them to collect income without the additional research and trading complications that would come with buying dozens, if not hundreds, of individual components.

If you're in this camp of income-minded set-it-and-forget-it investors, here are 10 dividend ETFs to buy and hold for the long haul. Several are dedicated specifically to dividends, while others simply hold dividend stocks as an indirect result of their strategy. But this is a collection of funds that are diversified by geography, style, size, sector and more, and thus can be held as a group or individually depending on your preferences, risk tolerance and investment horizon.

Fidelity MSCI Real Estate ETF

Type: Sector (Real estate)

Assets under management: $1.1 billion

Dividend yield: 3.3%

Expense ratio: 0.084%, or $8.40 annually on a $10,000 investment

Real estate investment trusts (REITs) have done well since the global financial crisis thanks to low interest rates and a reasonable pace of real estate development. This has provided landlords with a nice combination of increased rent, solid occupancy rates and rising property valuations.

The fact Simon Property Group () has agreed to pay $3.6 billion (a 51% premium!) for 80% control of Taubman Centers () - a retail REIT that owns 26 mall assets in the U.S. and Asia -

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