Top Dividend (PFF) (PGX) (DHS) (LVL) (PSK) Yields for ETFs

Among the top dividend yields for ETFs are investment vehicles which hold a diverse basket of companies paying out dividends. The top dividend-yielding ETFs are iShares S&P U.S. Preferred Stock Index (PFF), PowerShares Preferred (PGX), SPDR Wells Fargo Preferred Stock (PSK), Guggenheim S&P Global Dividend Opportunities Index (LVL) and WisdomTree High-Yielding Equity Income (DHS).

The goal of the top dividend-yielding ETF, iShares S&P U.S. Preferred Stock Index (PFF), is to attempt to track price and yield performance of the S&P U.S. Preferred Stock Index. As of March 31, the annual dividend yield on iShares S&P U.S. Preferred Stock Index was 7.35 percent. Ford Motor (NYSE: F), General Motors (NYSE: GM) and HSBC Holdings Plc (NYSE: HBC) are among the major dividend companies held by PFF>

Next is the PowerShares Preferred (PGX), which as of March 31, the annual dividend yield was 6.65 percent. PGX, in general, reflects the results of The BofA Merrill Lynch Core Fixed Rate Preferred Securities Index. Among the major financial institutions followed here are JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC) and Barclays (NYSE:BCS).

The SPDR Wells Fargo Preferred Stock (PSK) is the next top dividend-yielding ETF, with an annual dividend yield of 5.83 percent, as of March 31. This attempts to mirror the Wells Fargo Hybrid and Preferred Securities Aggregate index. The top three dividend ETFs are those that primarily hold preferred stock of companies.

Next in line is the Guggenheim S&P Global Dividend Opportunities Index (LVL), which has an annual dividend yield of 5.53 percent, as of March 31. The Guggenheim S&P Global Dividend Opportunities Index tracks the performance of the S&P Global Dividend Opportunities Index. That includes common stock of companies like National Retail Properties (NYSE: NNN), Penn West Petroleum (NYSE: PWE) and Franklin Resources (NYSE: BEN).

Last, is the number five ETF as far as measured by dividend yields, which is WisdomTree High-Yielding Equity Income (DHS), which has an annual dividend yield on DHS was 3.8 percent. It attempts to mirror the performance of the WisdomTree Equity Income index, which includes equities like Chevron (NYSE:CVX), AT&T (NYSE:T), Pfizer (NYSE:PFE) and Johnson & Johnson (NYSE:JNJ).