1 No-Brainer Dividend Index Fund to Buy Right Now for Less Than $500
Everyone knows about the S&P 500 Index (SNPINDEX: ^GSPC), which is probably the most recognized market gauge in the world. But have you heard of the Dow Jones U.S. Dividend 100 Index? Probably not.This is the index that sits behind the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) and its attractive 3.5% dividend yield. Here's what that index does and why it makes this ETF so attractive if you have less than $500 to invest today.The Dow Jones U.S. Dividend 100 Index is focused on dividend stocks. But not just any dividend stocks. The first thing this index does as it looks to build a portfolio is throw out any stock that doesn't have at least 10 consecutive years of annual dividend increases.Continue reading
Everyone knows about the S&P 500 Index (SNPINDEX: ^GSPC), which is probably the most recognized market gauge in the world. But have you heard of the Dow Jones U.S. Dividend 100 Index? Probably not.
This is the index that sits behind the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) and its attractive 3.5% dividend yield. Here's what that index does and why it makes this ETF so attractive if you have less than $500 to invest today.
The Dow Jones U.S. Dividend 100 Index is focused on dividend stocks. But not just any dividend stocks. The first thing this index does as it looks to build a portfolio is throw out any stock that doesn't have at least 10 consecutive years of annual dividend increases.
