Where Will Schwab U.S. Dividend Equity ETF (SCHD) Be in 10 Years? Here's What History Suggests.
The future is bright for this fund that offers both income and growth.
Overview
If you're looking for a solid investment that can deliver both income and growth, consider the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). Here's a look at it, and how it might perform for you over the coming decade.
The Schwab U.S. Dividend Equity ETF tracks the Dow Jones U.S. Dividend 100 Index, which is focused on growing and fairly stable dividend-paying stocks. Its top holdings -- out of about 100 -- recently were Texas Instruments, with a recent dividend yield of 2.2%; Qualcomm, 2%; Procter & Gamble, 3%; and Coca-Cola, 2.5%. Altogether, the ETF's total dividend yield was recently 3%, which is three times that of the S&P 500 index's 1%.
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Originally published at www.fool.com.