Past couple of months have been volatile for many dividend growth areas of the stock market. First we got huge corrections, sell offs (whatever you want to call it) in REITs and utilities. That was followed up with a large slide in Canadian telecoms as news broke that Verizon had made an offer to buy Wind Mobile, 1 of 3 failing small Canadian telecom players, and was exploring the possibility of acquiring Mobilicty, another of the 3 failing small players.
A picture is worth a thousand words, so here's 3
The first depicts the massive slide in VNQ, the Vanguard REIT ETF, a 5% one day drubbing followed by a 20 slide before temporarily bottoming in late June.
Next one is XLU, the Utilities SPDR ETF, victim of a 13% sell off, quite a large move for a normally quiet sector.
