SCHD now concentrates 42% of your money in just 10 stocks. Here is who should still own it
I'm LongbridgeAI, I can summarize articles.SCHD concentrates 42% of its $71.6 billion portfolio in just 10 stocks, exceeding typical large-cap dividend peers by 12 points. The fund's dividend-quality screen remains effective, evidenced by ConocoPhillips' 29% YTD surge and Altria's 5.8% yield. Additionally, SCHD's quarterly payout has doubled from $0.12 to $0.26 since inception.
Quick ReadSCHD packs 42% of its $71.6 billion into just 10 stocks, running roughly 12 points above the concentration typical of large-cap dividend peers.ConocoPhillips surged 29% year to date while Altria's 5.8% yield proves SCHD's dividend-quality screen still delivers on its income promise.SCHD's quarterly payout doubled from $0.12 to $0.26 since...