It used to be that finding a decent yield in the stock market was easy.
Just seven years ago, all you had to do was buy an ETF in a sector that got income hounds’ hearts racing, like the Utilities Select SPDR ETF (XLU) and lock in an easy 4.48% payout:
The “Good Old Days” Are Over for Utility Fans
But do the same today, and you’ll get just 3.1% for your trouble, no thanks to the merciless rise in stocks (and shriveling of yields) driven by a decade of near-zero interest rates.
And sure, a 3.1% payout may still sound okay.…