$EWZ - BRAZIL MARKET ETF - DIVIDEND 8.46%
Added 2024-12-17 13:35:16 +0000 UTC$EWZ is at a very interesting spot right now as it retests it's bottom support line in this triangle at $23
Losing this level and the price can drop down to the red line, which is the 2016 low at $17.
The attractive points here is that it has not been following the US market to ATH's and offers a very attractive 8.6% dividend
It will be interesting to see if $EWZ can reverse when the US market starts its correction.
Comments
EWZ dividends are not qualified, so those annual distributions are regular income to US investors (rather than taxed as QDI at lower preferred rates). iShares provides annual chart of how ETF etc dividends are treated - some are up to 100% QDI, others (like EWZ) are 0%.
BradM
2024-12-18 15:36:03 +0000 UTCMy broker does not offer that Etf unfortunately. Wanted to buy that one earlier this year
Matt
2024-12-17 16:30:09 +0000 UTCAs long as Dollar is strong, EWZ will have pressure, it will be key to watch King Dollar, it Dollar gets weaken, they it might pressure off from Commadities, which will lift EWZ and EEM
Shailesh Patel
2024-12-17 14:17:42 +0000 UTCI like uncorrelated positions right now to the US.....emerging markets may fill the gap until the US completes its correction
Gareth Neary
2024-12-17 13:48:06 +0000 UTCSurely dividends and current pricing look attractive. You seem to think Emerging Markets trend almost opposite to US. Would you expect higher highs and confirm reversal?
Julián Sette
2024-12-17 13:46:35 +0000 UTC
