It Takes About $32,000 in This Dividend ETF to Collect $1,000 a Year

Key Points The Schwab U.S. Dividend Equity ETF has paid $1.05 per share in distributions across its past four quarterly payments. At the fund's current share price of about $34, collecting $1,000 a year takes a little over 950 shares, or about $32,000. The annual payout has risen every year since 2012, though the growth rate has slowed to about 2% over the past year. 10 stocks we like better than Schwab U.S. Dividend Equity ETF › An extra $1,000 a year in dividend income is a nice round goal, and getting there doesn't require a complicated strategy. One of the largest dividend funds on the market can do the job by itself. At today's prices, it takes an investment of about $32,000. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.