New York-based exchange traded fund (ETF) provider Global X Funds this week rolled out a new ETF for investors who are looking to buy funds comprised of stocks that consistently deliver solid dividends to their shareholders.

Its Global X SuperDividend ETF (Ticker: SDIV) provides investors exposure to 100 companies that rank among the highest dividend yielding stocks in the world.

Company officials said the new offering looks to meet or exceed the performance of the Solactive Global SuperDividend Index. The index tracks the performance of 100 equally weighted companies that rank among the highest dividend yielding equity securities in the world.  By having equal weighting across a diverse group of 100 securities, investors may have less risk exposure in the event that a single company depreciates in price or reduces its dividend.

Global X SuperDividend ETF offers investors exposure to a broad group of industries including:  REITs (22%), consumer discretionary (16%), telecommunications (16%), financial services (10%), utilities (8%), banks (5%), consumer staples (5%), energy (5%), industrials (5%), insurance (3%), technology (3%), and healthcare (2%).  

The U.S. and Australia are home to the majority of firms included in the fund, 32% and 24%, respectively, but other countries including Canada, Great Britain and Singapore have companies and their stocks included.

"In an environment where people are seeking monthly income, the SuperDividend ETF offers convenient access to 100 high yielding companies around the globe through one security," Bruno del Ama, CEO of Global X Funds, said in a statement. "We are very proud of bringing to market our most innovative addition to our suite of income generating funds."

Earlier this week, S&P issued a report recommending investors take a close look at stocks from firms that have consistently paid out solid dividends to investors over a long period of time. In fact, the report found, dividends have accounted for more than 40% of the total return for the S&P 500 since 1926.