How to Generate $1,000 in Monthly Target Dividend Income with Vanguard High Dividend Yield ETF
KHC Kraft Heinz Co
$24.24 -0.74%
View chart & analysis → - 1Vanguard High Dividend Yield ETF selects the top half of large-cap dividend-paying stocks based on expected dividend yield.
- 2The portfolio consists of nearly 600 holdings.
- 3Based on the current yield of 2.3%, an investment of approximately $522,000 is required to receive $1,000 in monthly dividends.
So what's the key point?
The Vanguard High Dividend Yield ETF is a product that selects stocks that pay high dividends. To receive $1,000 per month, an investment of approximately $522,000 is required.
Source The Motley Fool +1 · View original ↗
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