Over the last 12 months SPHD paid $2.48 a share, a 4.85% yield at today’s price, in 12 monthly payments. At that yield, $1,000 a month before taxes takes about $247,400 invested.
From 2020 to 2025 its yearly payout per share grew 1.0% a year, against 4.5% inflation: down 3.4% a year in today’s dollars.
The payout fell by 5% or more from one year to the next in 2 years: 2021 (−15.1%), 2024 (−13.6%).
$100,000 invested at the start of 2021 with every payout spent paid $4,237 that year and $6,693 over the last 12 months (up 27.3% after inflation); the shares are worth $137,899 today.
How much SPHD for a monthly income
The amount invested that would have paid each monthly income over the last 12 months, at SPHD’s 4.85% trailing yield, before taxes. Yields move, so the second column uses its lowest calendar-year yield of the last five years (3.70% in 2022).
Monthly income
At today’s yield
At the 2022 yield
$500 a month ($6,000 a year)
$123,700
$162,200
$1,000 a month ($12,000 a year)
$247,400
$324,300
$2,000 a month ($24,000 a year)
$494,800
$648,600
$5,000 a month ($60,000 a year)
$1,237,100
$1,621,600
Income on $100,000, year by year
What $100,000 invested at the start of each year would have paid during that year, and the same income in today’s dollars. Years with a payout at least 5% below the year before are marked.
Income in each calendar year on $100,000 invested at the start of that year.
Year
Per share
Income on $100K
In today’s dollars
Price that year
Total return
2025
$1.94
$4,011
$4,571
-0.7%
+3.3%
2024 ↓
$1.65
$3,828
$4,103
+12.1%
+16.2%
2023
$1.91
$4,341
$4,791
-3.6%
+1.0%
2022
$1.68
$3,700
$4,252
-3.5%
+0.3%
2021 ↓
$1.57
$4,237
$5,258
+22.2%
+26.8%
Payout per share in earlier years (2020–2020)
Year
Per share
Change
2020
$1.85
Payouts per share; full calendar years only. Today’s dollars use the consumer price index (CPI-U).
If you had lived on it since 2021
$100,000 invested in SPHD on Jan 4, 2021, every payout spent and nothing reinvested.
Income in 2021$4,237$5,258 in today’s dollars
Income, last 12 months$6,693up 27.3% after inflation
Shares worth today$137,899price +37.9%
Income collected$29,226since 2021
The shares’ value (lower line) and the shares plus the income collected so far (upper line), month by month.
Payments and taxes
When it pays
Every month. Payment dates shift a little from year to year; the fund announces each one shortly before it is paid.
Stock dividends
Dividends from US companies held long enough are usually qualified, taxed at the lower long-term capital-gains rates; foreign and REIT holdings add some non-qualified income. Inside an IRA or 401(k), none of it is taxed until you withdraw.
Yield is not a promise
The yield here is what the fund paid over the last 12 months, divided by today’s price. Future payouts depend on what the fund earns.
The rest of the record
Fees, holdings, returns and downturns are on the SPHD page.
Turn your savings into a monthly paycheck
ReadyAimRetire builds a month-by-month income plan from all your accounts, Social Security and pensions, and shows how long it lasts, before and after taxes.
About $247,400, at its 4.85% yield over the 12 months to October 2026, before taxes. Yields move: at its lowest calendar-year yield of the last five years (3.70% in 2022) it would take $324,300.
How often does SPHD pay?
Every month.
Has SPHD ever cut its payout?
Yes. Its yearly payout per share fell by 5% or more in 2021 (−15.1%), 2024 (−13.6%), among the full years 2020–2025.
Did SPHD’s payout keep up with inflation?
No: from 2020 to 2025 the yearly payout per share grew 1.0% a year while prices rose 4.5% a year.
How is SPHD’s income taxed?
Dividends from US companies held long enough are usually qualified, taxed at the lower long-term capital-gains rates; foreign and REIT holdings add some non-qualified income. Inside an IRA or 401(k), none of it is taxed until you withdraw (and in a Roth, not then either, if the rules are met).
How these figures are built
Payouts: every distribution on record from May 20, 2019 to Oct 27, 2026, per share. A few payments in our data are rounded to the cent, which barely changes yearly totals.
Yield: distributions over the last 12 months divided by the latest price.
Income on $100,000: the shares $100,000 bought at the first price of each year, times that year’s payouts. Prices start Jun 2, 2020 in our data.
Today’s dollars: adjusted with the consumer price index (CPI-U), by calendar-year average.
Cuts: a calendar year whose payout per share was at least 5% below the year before.
For education only, not a recommendation to buy or sell any fund. Past payouts do not predict future payouts.
