Here's How Much of the Schwab U.S. Dividend Equity ETF You'd Need to Cover Your Grocery Bill Every Month

The Schwab U.S. Dividend Equity ETF (SCHD) offers a 3.3% dividend yield, requiring approximately $363,550 in investment to generate $12,000 in annual passive income to cover average family grocery bills. The ETF has historically grown its dividend payout at an 11.2% compound annual rate since 2017, making it an attractive option for building long-term passive income compared to broader S&P 500 index funds.