SCHD Stock Split NOPE, Buy These 3 Stock Splits Instead

The SCHD stock split shocked the stock market last week but I've found three stock splits I like better. I'll explain the SCHD divididend ETF split and why I'm buying these instead. 🤑 Save $150 Off the Ultimate Options Course and Get the Options Calculator and Strategy Finder Free https://mystockmarketbasics.com/optionsave150 One of my favorite dividend ETFs, the Schwab Dividend Equity SCHD, caught the market off guard with a big stock split announcement even if it really won’t affect the shares much. In fact, looking into the split, I’m not buying more but I have found three stock splits I like better that could actually move the stock prices. I’ll show you the details of that SCHD split and reveal the three stocks I’m buying, stick around also for some very important news on Nvidia that could mean production grinds to a halt along with your stock market news and must-see stocks this week. Schwab Asset Management shook the market recently announcing a share split for 20 of its ETFs including the popular Dividend Equity Fund, ticker SCHD, and why this was so surprising is you usually don’t see share splits for ETFs. It’s more common in stocks and has become extremely popular lately with Nvidia’s split but not as much for funds so I want to dive into that, why they did it, why I still like the SCHD but am not buying anymore shares on the split and the upcoming stock splits I am buying. Now understand, if you do want to get in on that SCHD #stocksplit there is still time. The record date on all 20 of these Schwab ETF splits is October 9th which means if you own the shares on that day, Wednesday, then when the stocks split, you’ll get the additional shares. You know I love me some SCHD and have highlighted it as one of my favorite #dividend #ETF on the channel. The fund invests in 100 dividend-paying stocks with a history of payments and return and these are all bellwether companies like Home Depot, Chevron and Pfizer and charges one of the lowest expense fees you’ll pay in an ETF. So besides that cash flow, you get a solid return with the shares up 9.2% annually over the last five years. Combined with the 3.3% dividend, you’re getting a 12.5% return and it’s extremely consistent. But I’ve already got just over 100 shares of SCHD, soon to be 300 shares after the split and while the total 12% return is nice, that 3.3% dividend doesn’t trip my trigger. In fact, I predicted 10 potential stock splits last June, three of which have already split with LRCX, MicroStrategy and Deckers splitting their shares. I like two recent stock splits better than SCHD along with two other stocks I’m buying on that potential for a split. 🤑 Get The Weekly Bow-Tie - my FREE weekly email newsletter sharing market updates, trends and the most important news! Market Updates for the Smart Investor! https://mystockmarketbasics.com/dailybowtie My Investing Recommendations 📈 ✅ FREE Report! See the top five stocks in my portfolio, the five stocks I'm buying for the next 30 years! https://mystockmarketbasics.com/motleyfool 🤑 Join me on the Blossom app and see all the stocks in my portfolio! https://mystockmarketbasics.com/blossomsocial ✅ See why I transferred all my non-stock real estate investments to Arrived. Dividends up to 8% and double-digit returns on rental properties. Get started today! https://mystockmarketbasics.com/InvestArrived Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. 0:00 SCHD Stock Split and 3 Splits I Like Better 1:39 Why the Schwab Dividend ETF Split Surprised Investors 2:09 When Will the SCHD Split its Shares? 2:27 What is a Stock Split? 3:36 SCHD Stock Price after the Split 4:25 Why is SCHD Splitting its Stock? 5:39 3 #stocksplits I'm Buying Instead of SCHD 9:21 #stockstowatch this Week 13:33 Stock Market News this Week Disclosures: All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.