Schwab U.S. Dividend Equity ETF™ Surges to Record Highs

WESTLAKE, Texas, September 25, 2024--Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced that the Schwab US Dividend Equity (SCHD) ETF had a spectacular performance in August as it surged to its highest level on record. The fund soared to a high of $150 per share, marking a significant milestone for investors who have chosen SCHD for its strong dividend performance.

For most of the past decade, the Schwab U.S. Dividend Equity ETF (SCHD) was one of the absolute best-performing dividend ETFs out there. Its consistent track record of delivering solid returns to investors has made it a favorite among those looking to retire with dividends and enjoy a steady cash flow in their golden years.

SCHD stands out for its sensible, transparent, and risk-conscious approach that should continue to generate better long-term risk-adjusted returns. Investors appreciate the stability and reliability that SCHD offers, especially in uncertain market conditions.

SCHD has been able to offer a steadily growing payout to investors over the years with a higher relative yield. See why I rate the fund a top choice for those seeking dependable income from their investments.

The Vanguard S&P 500 (VOO) and the Schwab US Dividend Equity (SCHD) ETFs have done well this year and are sitting near their all-time high. Investors are drawn to SCHD for its focus on dividend-paying companies that have a history of consistent performance.

The iShares Core High Dividend ETF (NYSEARCA:HDV) and the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) are two popular dividend ETFs from reputable providers. Investors looking for reliable income streams often consider these options for their portfolios.

SCHD and SPYD are 2 of several viable dividend-focused ETFs. Explore more details here to see how retiring with dividends can provide a steady cash flow, with SCHD offering excellent dividends for long-term investors.