If You Invest $5,000 in SCHD Today, Here's the Passive Income It Could Deliver in 20 Years
This ETF pays a steadily rising dividend.
Overview
The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the most popular dividend-focused exchange-traded funds (ETFs). That's due to its combination of a high current yield (around 3.3%) and a strong dividend growth rate (an 11.2% compound annual growth rate since 2017).
Here's a look at how much passive income a $5,000 investment in this ETF could deliver in 20 years.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
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.