This high-quality ETF can be a reliable source of income for investors.
I never shy away from a chance to tell someone how lucrative dividend stocks can be. Reliable distributions may not be as fun to brag about as share price appreciation, but they can quietly help you build wealth, particularly if you reinvest them to benefit from compound growth. And succeeding with an income investment strategy doesn’t require the acumen of a Wall Street veteran, either. It can be as simple as investing in a dividend-focused exchange-traded fund (ETF).
There are numerous worthwhile dividend ETFs on the market, but if you’re looking for one to invest $1,000 in now, I say look no further than the Schwab U.S. Dividend Equity ETF (SCHD -1.70%). It checks off many of the boxes that dividend investors should have on their lists.
Image source: Getty Images.
