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No Options, No Leverage, No Gimmicks: 3 Dividend ETFs Paying Over 4 Percent the Old-Fashioned Way24/7 Wall Street · Jul 31, 2026This exchange-traded fund aims to replicate the investment outcomes of its underlying benchmark, the Franklin Low Volatility High Dividend Index. This index is composed of common stocks from U.S. companies that are chosen for their strong dividend payouts and their consistent financial performance, showing minimal fluctuations in both their share price and corporate earnings.