1 ETF Could Turn $500 Monthly Into a $680,000 Portfolio That Pays $21,000 in Annual Dividend Income

Group 1 - The Schwab U.S. Dividend Equity ETF (SCHD) has historically delivered strong returns, averaging over 12% annual total returns since its inception in October 2011 [4][6][8] - Investing $500 monthly into SCHD could potentially grow to $680,000 over time, depending on the annual return rate [6][7] - SCHD tracks the Dow Jones U.S. Dividend 100 Index, which includes companies with a minimum of 10 consecutive years of dividend payouts and strong financials [4][5] Group 2 - SCHD has a current dividend yield of 3.1%, which could result in annual payouts of over $21,000 for an investment of $680,000 [2][8] - The ETF's vetting process helps to exclude financially unstable companies, providing a more reliable investment option [5] - The compounding effect of reinvesting dividends significantly contributes to the overall returns of the investment [6][7]