The last exchange-traded fund (ETF) recommendation in this series for income and dividend-focused investors is the iShares Select Dividend ETF (DVY). DVY is a big player in the land of dividend-focused ETFs, as it gives investors exposure to the biggest and arguably the best dividend-paying stocks in the market today.

View the current price, volume, performance and top 10 holdings of DVY at

As financial markets struggle to make headway of any sort, dividends are gaining appeal among investors as an alternative way to generate income. DVY tracks the Dow Jones U.S. Select Dividend Index, which is a compilation of broad-cap U.S. companies that are known for their fairly high payouts. In addition, DVY offers exposure to 100 companies that have paid out dividends for at least five years.