This Top Dividend ETF Just Lowered Its Payment. Should Income Investors Be Concerned?
The Schwab U.S. Dividend Equity ETF has a long history of paying a rising dividend.
Overview
The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the largest and most popular exchange-traded funds (ETFs) focused on dividend-paying stocks. It currently manages over $95 billion in assets for investors seeking a high-yielding, steadily rising stream of dividend income.
The top ETF recently declared its latest dividend payment, which is down from both last quarter and the year-ago period. Here's a look at whether this lower payment level should concern income investors.
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Originally published at www.fool.com.
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