
Looking at the ASX landscape right now, dividend investors would be hard-pressed to find an income stock that is trading on a dividend yield of over 5%. At least, one that isn’t showing clear signs of being a dividend trap. That’s why those investors might wish to check out an ASX income ETF that has a yield of the magnitude on the table today.
Even a 5% yield wasn’t that hard to find until quite recently. The ASX’s ascent to a series of new record highs earlier this year was good news for most ASX investors. But rising stock prices mean lower dividend yields if the payouts don’t rise in tandem. That they haven’t been for most prominent ASX dividend shares.
Shares that investors may have been used to seeing with yields of 4 to 5% in years gone by are now offering noticeably lower yields.
That’s true from Telstra Group Ltd (ASX: TLS) to Wesfarmers Ltd (ASX: WES), from Coles Group Ltd (ASX: COL) to Westpac Banking Corp (ASX: WBC). And particularly so for Commonwealth Bank of Australia (ASX: CBA), which spent much of 2025 with a very unbank-like yield of below 3%.
But let’s check out an ASX income ETF that has far more than that on the table today.
An ASX income ETF with a 7% yield?
That ASX ETF is the SPDR S&P Global Dividend ETF (ASX: WDIV). This fund is a dividend-focused ETF that holds around 100 high-yielding companies sourced from all around the world. These companies are assessed for their dividend stability over the past ten years. Any stocks that have cut their payouts in this period are excluded.
It holds companies from the United States, Canada and Japan, as well as from China, Hong Kong and Europe. Australia is represented as well, although it contributes about 2% to WDIV’s overall portfolio.
Some of this income ETF’s top positions include CVS Healthcare Corporation, Altria Group, Pfizer and Mitsui Chemicals. The ASX’s APA Group (ASX: APA) flies the local flag.
But let’s talk dividends. WDIV ETF pays out two dividend distributions annually. Over 2025, investors enjoyed a January dividend distribution worth 30.94 cents per share, as well as the July payment worth $1.26 per share. At the current WDIV unit price of $21.95 (at the time of writing), that annual total of $1.57 per unit gives this ASX income ETF a trailing yield of 7.15%.
Before you rush out to buy this ETF to secure a 7% yield, though, investors should be aware that WDIV’s payouts, like most ETFs, do bounce around from year to year.
Yes, investors got a bumper year in 2025. But if this ETF had instead paid out 91.7 cents per share in payouts over 2025, as it did in 2024, its yield would be about 4.18% today.
Even so, this ASX income ETF has a strong history of paying large upfront dividends from a portfolio of stocks that have demonstrated defensiveness when it comes to payouts. That’s arguably not something to ignore for income investors in the current environment.
The post This ASX income ETF is trading on a 7% yield right now appeared first on The Motley Fool Australia.
Should you invest $1,000 in SPDR S&P Global Dividend Fund right now?
Before you buy SPDR S&P Global Dividend Fund shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and SPDR S&P Global Dividend Fund wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
* Returns as of 18 November 2025
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- Why Austal, Fenix Resources, Metcash, and Polynovo shares are falling today
- Austal shares fall after Treasurer greenlights higher Hanwha stake
- Why 4DMedical, Dateline, Deep Yellow, and Newmont shares are pushing higher today
- Does Macquarie rate Transurban Group shares a buy, hold or sell?
- New silver and zinc mining aspirant debuts at a 20% premium in a quick win for shareholders
Motley Fool contributor Sebastian Bowen has positions in Altria Group and Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Pfizer and Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended CVS Health. The Motley Fool Australia has positions in and has recommended Apa Group and Telstra Group. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.








