HD - SCHD: A No-Brainer ETF With A Growing 4% Yield
2024-07-02 12:16:27 ET
Summary
- Schwab US Dividend Equity ETF is criticized for weaker performance and disappointing 4% dividend increase in 2023.
- Despite short-term disappointments, ETF's long-term focus on dividend growth remains strong.
- Recent performance dip should not discourage passive income investors, as ETF's dividends are expected to continue growing.
The Schwab US Dividend Equity ETF ( SCHD ) has been heavily criticized by some passive income investors as of late, primarily because the exchange-traded fund put up weaker performance reports compared to the past....
SCHD: A No-Brainer ETF With A Growing 4% Yield