Here's How Many Shares of SCHD You'd Need for $1,000 in Yearly Dividends
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It would cost investors over $26,000 if they were starting from scratch.There are plenty of exchange-traded funds (ETFs) that focus on dividends, but one of the better go-to options is the Charles Schwab U.S. Dividend Equity ETF (SCHD +0.29%). It holds 102 stocks and has been a staple for many investors since it hit the market in October 2011. SCHD's last four per-share dividend payouts were $0.2782, $0.2604, $0.2602, and $0.2488. The payouts fluctuate because dividend companies pay their dividends at different times, but if the total $1.0476 per share payout over the past year were to remain constant, you would need to own 955 shares of SCHD to receive $1,000 annually. As of market closing on Dec. 11, Charles Schwab U.S. Dividend Equity ETF was priced at $27.68 per share, which means it would cost around $26,435 to accomplish this if you were starting from scratch. Image source: Getty Images. To be included in SCHD, a company must have 10 consecutive years of dividend increases and a healthy balance sheet. This ensures companies aren't included solely because they have a high dividend yield, helping to avoid yield traps. SCHD's top three holdings are Cisco (4.75% of the ETF), Merck & Co. (4.65%), and Amgen (4.45%). ExpandNYSEMKT: SCHDSchwab U.S. Dividend Equity ETFToday's Change(0.29%) $0.08Current Price$27.76Key Data PointsDay's Range$27.64 - $27.8352wk Range$23.87 - $28.84Volume124K This ETF's current dividend yield is 3.8%, more than three times the S&P 500 average. This dividend yield will inevitably fluctuate as Charles Schwab U.S. Dividend Equity ETF's stock price changes, but it's just above the 3.6% dividend yield that SCHD has averaged over the past three years. If you're looking for a dividend ETF that can be a staple in your portfolio, Charles Schwab U.S. Dividend Equity ETF is surely it.About the AuthorStefon Walters is a contributing Motley Fool stock market analyst covering publicly traded companies across technology, consumer goods, and financials, as well as retirement planning. Stefon is a published author and has more than a decade of experience teaching financial literacy. He holds a bachelor’s degree in economics from the University of North Carolina at Chapel Hill.TMFStefonWRead NextDec 15, 2025 •By Selena Maranjian7 Dividend ETFs to Buy With $2,000 and Hold Forever -- Including the Schwab U.S. Dividend Equity ETF (SCHD)Dec 14, 2025 •By David DierkingTop 3 Dividend ETF Picks for 2026Dec 14, 2025 •By David DierkingWant Decades of Passive Income?
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