Core Insights - The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) offers a trailing yield of 4.46%, making it an attractive option for investors seeking passive income through dividends [2][4]. - To generate $500 in annual dividend income from SPYD, an investment of approximately $11,210 is required, based on the current share price of $43.86 [2][4]. - SPYD tracks the top 80 high-dividend-yielding companies in the S&P 500, providing exposure to a diversified portfolio across all major U.S. sectors [4][6]. Investment Details - SPYD's current price is $43.40, with a day's range between $43.37 and $43.70, and a 52-week range from $37.92 to $46.18 [5]. - The ETF has a low expense ratio of 0.07%, equating to a cost of $0.70 per $1,000 invested, which is offset by the dividends received [6]. - The dividend yield of SPYD is nearly four times higher than the average yield of the S&P 500, enhancing its appeal for income-focused investors [6].
Here's How Many Shares of the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) You'd Need for $500 in Yearly Dividends
The Motley Fool·2025-12-07 13:09