A $1,000 Monthly Investment in the Schwab U.S. Dividend Equity ETF (SCHD) Could Build Serious Passive Income Over 20 Years

Key Points The Schwab U.S. Dividend Equity ETF offers a great mix of growth and dividend income. Its dividend recently yielded 3%. It's invested in a range of mostly blue chip companies. 10 stocks we like better than Schwab U.S. Dividend Equity ETF › Looking for passive income and a lot of it? Who wouldn't like that? Passive income can come from multiple sources, such as certificates of deposit (CDs), pensions, annuities, royalty checks, rental properties, and dividends, to name a few. I think dividend income is particularly compelling because: Healthy and growing dividend payers tend to increase their payouts over time, often helping shareholders keep up with inflation.