Here's How Many Shares of the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) You'd Need for $500 in Yearly Dividends

One of the better parts of investing in stocks is the passive income you can receive from owning dividend stocks or exchange-traded funds (ETFs). It's a way of receiving value from your stocks without relying solely on stock price appreciation, though both are appreciated.A popular go-to dividend ETF is the SPDR Portfolio S&P 500 High Dividend ETF (NYSEMKT: SPYD), which has a trailing yield of 4.46% at the time of this writing. At that yield, you'd need to own about 256 shares of SPYD to receive $500 in annual dividend income. At its current price of $43.86 per share, that would cost you around $11,210.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool