Want to earn $500 a year from stock dividends? This ETF can be referenced.
The average Dividend yield of the SPDR S&P 500 Dividend ETF (SDY) over the past 12 months is 2.56%. Based on this yield, at the current price of $136, you would need to purchase approximately 144 shares to earn 50,000 cents annually.
The advantage of this ETF lies in its strict stock selection criteria: only companies that have increased their dividends for 20 consecutive years are eligible. This means you won't fall into the trap of stocks that appear to have high dividends but are actually pitfalls.
Currently, SDY
View OriginalThe average Dividend yield of the SPDR S&P 500 Dividend ETF (SDY) over the past 12 months is 2.56%. Based on this yield, at the current price of $136, you would need to purchase approximately 144 shares to earn 50,000 cents annually.
The advantage of this ETF lies in its strict stock selection criteria: only companies that have increased their dividends for 20 consecutive years are eligible. This means you won't fall into the trap of stocks that appear to have high dividends but are actually pitfalls.
Currently, SDY
