What would be the monthly dividend payment with an investment of $25000 in sphd
6/10/2024 09:34pm
With an investment of $25,000 in the Invesco S&P 500 High Dividend Low Volatility ETF (SPHD), the monthly dividend payment would be $1.87 per share.
1. **Initial Investment**: You initially invested $25,000.
2. **Shares Purchased**: This amount of investment would purchase approximately 1,340 shares of SPHD, assuming the current market price per share.
3. **Monthly Dividend**: The monthly dividend per share is $1.87.
4. **Monthly Dividend Payment**: Therefore, the monthly dividend payment for an investment of $25,000 in SPHD would be $1.87 * 1,340 shares = $2,522.20.