The Charles Schwab U.S. Dividend Equity ETF (SCHD) is a popular option for investors looking for dividend-focused ETFs. With 102 stocks in its portfolio, it has been a staple since its inception in October 2011. SCHD’s last four per-share dividend payouts were $0.2782, $0.2604, $0.2602, and $0.2488, totaling $1.0476 per share over the past year. To receive $1,000 annually, you would need to own around 955 shares of SCHD, which cost $27.68 per share as of market close on Dec. 11. The ETF looks for companies with 10 years of dividend increases and a strong balance sheet, with top holdings including Cisco, Merck & Co., and Amgen. SCHD has a current dividend yield of 3.8%, significantly higher than the S&P 500 average, making it an attractive option for dividend investors.

Read more at Yahoo Finance: Here’s How Many Shares of SCHD You’d Need for $1,000 in Yearly Dividends