Here's How Much You'd Need to Invest in SCHD to Generate $1,000 per Month in Dividends

To generate $1,000 monthly in passive income from the Schwab U.S. Dividend Equity ETF (SCHD), investors would need to invest approximately $364,000, based on the fund's current 3.3% yield. This translates to roughly 11,000 shares at $33.29 per share. The fund has increased its total annual dividend for 14 consecutive years since its 2011 inception.