Prediction: This Dividend ETF Will Double by 2034 -- and Pay You Passive Income While You Wait

Many investors view dividend stocks as lower-risk, lower-return investments. However, the data says otherwise. Over the last 50 years, S&P 500 dividend payers have outperformed non-payers by more than two-to-one (9.2% annualized total returns compared to 4.2%, according to data from Hartford Funds and Ned Davis Research). The best returns have come from dividend growers (10.2%).

The strong returns of dividend growth stocks support my prediction that the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) can double by 2034, and pay you passive income as you wait. Here's the math and why I think this top ETF can deliver.

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