ETF Trends explains in a recent article that industries such as technology and consumer staples aren’t the only ones known for dividends – so is the airline industry. According to Thomson Reuters data in fact, dividends in the airline industry have grown 143 percent over the last five years. This is good news for the U.S. Global Jets ETF (NYSE: JETS) that invests in the global airline industry. Right now, three of the top four holdings in JETS pay a dividend.
Article summary written by U.S. Global Investors.
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There is no guarantee that the issuers of any securities will declare dividends in the future or that, if declared, will remain at current levels or increase over time.