On Thursday, Shares of WisdomTree Investments, Inc. (NASDAQ:WETF), added 3.75% and closed at $9.40 in the last trading session. The last trading range of the stock ranges between $9.15 and $9.63. WisdomTree (WETF), an exchange-traded product (“ETP”) sponsor and asset manager, recently declared the launch of the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund (DHDG). DHDG seeks to provide exposure to developed international dividend-paying stocks with growth characteristics, while incorporating a dynamic element to mitigate currency exposure. DHDG has an expense ratio of 0.48%1.
Capturing International Quality Dividend Growth
Dividend-paying equities have increasingly become an attractive option for shareholders looking to generate income and pursue higher total return potential. About 50% of the world’s investment opportunities are outside the U.S.2 – for shareholders seeking income, international investments in dividend-paying companies offer a new horizon.
WisdomTree’s approach to international quality dividend growth uses a forward-looking process designed to capitalize on dividend growth trends as they occur, in an attempt to raise the probability of generating exposure to future dividend growers. To identify these stocks, strict growth and quality selection factors are used: earnings growth expectations, high return on equity (ROE) and high return on assets (ROA) – the last two being measures associated with “quality.”
Discover Financial Services (NYSE:DFS), jumped 5.49% and closed at $63.60 in the last trading session. The last trading range of the stock ranges between $60.79 and $63.72. The company’s Market capitalization is $26.41 Billion with the total Outstanding Shares of 394.40 million. Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, counting private student loans, personal loans, home equity loans, and other consumer lending, in addition to deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals.