Investing $275 Monthly in SCHD Could Build Serious Passive Income Over 20 Years

Key Points The Schwab U.S. Dividend Equity ETF's current holdings have grown their dividends at more than 9% annually over the last five years. The fund has delivered more than 9% annual share price appreciation since its inception in 2011. It currently yields 3% based on its trailing 12-month dividend rate and recent share price. 10 stocks we like better than Schwab U.S. Dividend Equity ETF › Investing $275 a month into the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) could build significant passive dividend income over the next two decades. If the leading dividend ETF grows its dividend and share price at 9% compound annual rates, and you reinvest all dividends, it would produce over $7,360 in annual dividend income by 2046.