Where Will SCHD Be in 2035?
The Schwab U.S. Dividend Equity ETF should be a lot more valuable and pay a higher dividend by the end of 2035.
Overview
The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) has delivered a 13.4% annualized total return since its inception in 2011, while growing its payout at an 11.2% compound annual rate since 2017. If the dividend ETF maintains its current pace, the share price would grow from $35 to around $90 by the end of 2035, while the yield on cost would rise from 3.1% to over 8% by then.
Here's a look at what drives that view.
Image source: Getty Images.
Details
Source
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.