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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