Is SPHD a good dividend stock to invest in?

Asked 3 years ago

I'm looking to get $500 in dividend payouts per month. Does anyone know how much dividend does SPHD pays per share? How much do you think I would need to invest?

Andrew Moran

Sunday, October 17, 2021

The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) pays a steady monthly dividend that does fluctuate month-over-month.

Here is a look at how much the dividend was for each share was for every month this year:

  • January: 0.149
  • February: 0.145
  • March: 0.141
  • April: 0.126
  • May: 0.114
  • June: 0.121
  • July: 0.114
  • August: 0.127

If you go by the latest dividend payment, you would need to purchase approximately 4,000 shares of SPHD.





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