What exactly does the Catholic Church think about dividends?
A lot, as it turns out. The United States Conference of Catholic Bishops outlines a number of principles and policies in a roughly 6,000-word document you can find here. Highlights include:
- Protecting human life
- Protecting human dignity
- Reducing arms production
- Pursuing economic justice
- Protecting the environment
- Encouraging corporate responsibility
Also the USCCB has dual-mandate that requires “a reasonable return on its investments and is required to operate in a fiscally sound, responsible and accountable manner.” In other words, just like you and I, the Catholic Church expects returns.
The Global X S&P 500 Catholic Values ETF (CATH) invests in hundreds of S&P 500 components that qualify according to the USCCB’s stated values.…