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?

Dividend stocks Sphd Growth stocks

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.