How many Schwab US Dividend Equity ETF (SCHD) shares I need to get an income of $5,000/year

Find out how many shares of Schwab US Dividend Equity ETF (SCHD) you need to get an income of $5,000/year in dividends

Stock details

StockSchwab US Dividend Equity ETF (SCHD)
Current price$30.80
Annual dividend$1.05
Dividend yield3.40%
Payment frequencyQuarterly

Your plan

Target income$5,000.00/year
Shares needed4,776
Total investment$147,100.80
Estimated monthly income$416.71
Actual yearly income$5,000.47

This calculator provides estimates based on trailing 12-month dividend data. Dividends are not guaranteed and can be reduced or eliminated at any time. This is not financial advice.

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Common questions

How is the annual dividend calculated?

We sum all dividend payments made by the stock over the last 12 months. This trailing figure reflects what the company actually paid, not forward projections.

Are dividends guaranteed?

No. Companies can reduce, suspend, or eliminate dividends at any time. Past dividend payments do not guarantee future payments. Always do your own research before investing.

Does this account for taxes?

No. The calculator shows gross dividend income before taxes. Dividend tax treatment varies by country and personal circumstances. Consult a tax professional for after-tax figures.

What if a stock has no dividends?

If the stock does not pay dividends, the calculator will let you know. Not all companies pay dividends — growth stocks typically reinvest profits instead.