[ssimps]

I saw this article this morning:

http://www.theglobeandmail.com/glob...-of-this-select-dividend-club/article1399167/

and am wondering what people think of the changes. I understand why the changes are being made, but is it a good thing? Maybe usual answer of 'time will tell' is the best advice there is.

Also, anyone have an idea of how this will impact the yield on an ETF like CDZ?

Thanks.

 

[scomac]

http://www.theglobeandmail.com/glob...-of-this-select-dividend-club/article1399167/

and am wondering what people think of the changes. I understand why the changes are being made, but is it a good thing?

Rules based investing is generally a good thing. If you are going to engage in rules based investing then the changes are long overdue IMO. That said, you're looking at a narrow slice of the market, so whether or not this is a good thing is directly related to whether or not investing in that slice of the market is a good thing. It has been in the past, but there is no guarantee it will be as successful in the future. Perhaps these changes will temper the prices of dividend growth stocks as people who bought into financials for that reason finally get the message that these particular stocks aren't dividend growers anymore. **** happens.

 

[ssimps]

Rules based investing is generally a good thing. If you are going to engage in rules based investing then the changes are long overdue IMO. ... Perhaps these changes will temper the prices of dividend growth stocks as people who bought into financials for that reason finally get the message that these particular stocks aren't dividend growers anymore. **** happens.

I totally agree; I purchase dividend ETFs to get diversity, so having these changes is a good thing from that point of view.

Does anyone know what the impact will be on the yield of CDZ though?

Thanks again.