If You Invest $100 a Month in SCHD, Here's the Passive Income It Could Deliver in 20 Years
This top dividend ETF is still a reliable long-term income investment.
Overview
The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the market's most popular dividend-focused exchange-traded funds (ETFs). It passively tracks the Dow Jones U.S. Dividend 100 Index, and it charges a low expense ratio of 0.06%.
SCHD pays a trailing yield of 3.13%. Its top holdings include Abbott Laboratories, Amgen, Merck, and Coca-Cola. Since its launch on Oct. 20, 2011, it delivered a total return of 562%.
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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.