Here's How Much You'd Need to Invest in SCHD to Generate $1,000 per Month in Dividends
The Schwab U.S. Dividend Equity ETF (SCHD) has become one of the industry's premier dividend ETFs.
Overview
The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the most popular dividend stock ETFs in the marketplace today. Its 3.3% yield is a big reason why. It invests in high-quality dividend-paying stocks that have demonstrated a consistent ability to pay and grow their dividends over time.
That strategy has helped this fund increase its total annual dividend paid for 14 consecutive years since its 2011 inception.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.