I'm considering buying 600 shares in this ASX 200 dividend gem to aim for $212 a month in passive income!

MotleyFool08-23

If I wanted to buff out my ASX share portfolio's dividend income potential today, there would be one ASX 200 share I would be drawn to as a first stop. Well, this ASX 200 share isn't really an ASX 200...

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Well, this ASX 200 share isn't really an ASX 200...</p>\n\n<a href=\"https://www.fool.com.au/2024/08/23/im-considering-buying-600-shares-in-this-asx-200-dividend-gem-to-aim-for-212-a-month-in-passive-income/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>I'm considering buying 600 shares in this ASX 200 dividend gem to aim for $212 a month in passive income!</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nI'm considering buying 600 shares in this ASX 200 dividend gem to aim for $212 a month in passive income!\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-23 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/08/23/im-considering-buying-600-shares-in-this-asx-200-dividend-gem-to-aim-for-212-a-month-in-passive-income/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If I wanted to buff out my ASX share portfolio's dividend income potential today, there would be one ASX 200 share I would be drawn to as a first stop. Well, this ASX 200 share isn't really an ASX 200...</p>\n\n<a href=\"https://www.fool.com.au/2024/08/23/im-considering-buying-600-shares-in-this-asx-200-dividend-gem-to-aim-for-212-a-month-in-passive-income/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7089","symbol_name":"人寿与健康保险","start_time":0,"source_url":"https://www.fool.com.au/2024/08/23/im-considering-buying-600-shares-in-this-asx-200-dividend-gem-to-aim-for-212-a-month-in-passive-income/","article_id":"2461584397","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461584397","pubTimestamp":1724384282,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"If I wanted to buff out my ASX share portfolio's dividend income potential today, there would be one ASX 200 share I would be drawn to as a first stop. Well, this ASX 200 share isn't really an ASX 200","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7089":"人寿与健康保险","BK7142":"石油与天然气的勘探与生产","ETF.AU":"UBS IQ Research Preferred AU Share","CBA.AU":"COMMONWEALTH BANK OF AUSTRAL","BK4588":"碎股","BK4550":"红杉资本持仓","VHY.AU":"VANGUARD AUS HIGH YIELD","BK7095":"多种金属与采矿","SUL.AU":"SUPER RETAIL GROUP LTD","TLS.AU":"TELSTRA GROUP LTD","BK7135":"综合性银行","WDS.AU":"WOODSIDE ENERGY GROUP LTD","BK7507":"资源股","BK7042":"综合电信业务","BK7041":"综合货品商店","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","NAB.AU":"NATIONAL AUSTRALIA BANK LTD","BHP.AU":"BHP GROUP LTD","VAS.AU":"VANGUARD AUST SHARES IDX ETF","BK7511":"ESG概念","XKO.AU":"标普/澳交所 300指数","WES.AU":"WESFARMERS LTD","BK4585":"ETF&股票定投概念","BK7153":"综合零售","BK7128":"专卖店","MPL.AU":"MEDIBANK PRIVATE LTD","FDN":"First Trust Dow Jones Internet I"},"translate_title":"我正在考虑购买600股ASX 200股息创业板股票，目标是每月212美元的被动收入！","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BHP.AU":1,"WES.AU":1,"WDS.AU":1,"VHY.AU":1,"VAS.AU":1,"TLS.AU":1,"SUL.AU":1,"NAB.AU":1,"MPL.AU":1,"ETF.AU":1,"CBA.AU":1,"XKO.AU":0.9,"XJO.AU":0.9,"XAO.AU":0.9,"FDN":0.9},"content_text":"If I wanted to buff out my ASX share portfolio's dividend income potential today, there would be one ASX 200 share I would be drawn to as a first stop. Well, this ASX 200 share isn't really an ASX 200 share. Rather, it's an exchange-traded fund (ETF) that holds a basket of ASX 200 shares within it. It is none other than the Vanguard Australian Shares High Yield ETF (ASX: VHY). I think this ETF would make for a perfect investment for anyone chasing franked dividend income today. The Vanguard Australian Shares High Yield ETF isn't an index fund in the way its cousin, the popular Vanguard Australian Shares Index ETF (ASX: VAS) is. Instead of tracking the entire ASX, VHY holds a relatively concentrated portfolio of around 70 dividend shares. Most of those are ASX 200 shares, selected based on both their current and future income potential. You'll find everything from Commonwealth Bank of Australia (ASX: CBA) and BHP Group Ltd (ASX: BHP) to Telstra Group Ltd (ASX: TLS) and Super Retail Group Ltd (ASX: SUL) here. National Australia Bank Ltd (ASX: NAB) to Woodside Energy Group Ltd (ASX: WDS). Wesfarmers Ltd (ASX: WES) to Medibank Private Ltd (ASX: MPL). Like any ETF, VHY is obliged to pass on any dividend income its underlying holdings produce. That means that anyone who owns VHY shares is entitled to a proportionate share of this income. This diversity, built upon those 70 different holdings, makes this an ideal investment if you want an easy, broad-based income investment. In my view, anyway. But exactly how much income can one expect from an investment in the Vanguard Australian Shares High Yield ETF? An ETF full of ASX 200 shares that pays quarterly dividends Well, this ETF pays out quarterly dividend distributions, an uncommon characteristic of the ASX. Over the past 12 months, this pattern has continued, with VHY units forking out a total of $4.24 in dividend income. Now, ASX shares don't usually pay out the same level of dividend income every year. As such, like all ASX 200 shares, we can't assume those payouts will continue over the coming 12 months and beyond. Even so, I'd be happy to accept this deal. This ETF will pay out whatever the highest-yielding ASX 200 shares are paying out. So, chances are you'll always be getting an above-average dividend yield from this ETF. But let's return to the $4.24 in dividends per share. At the current VHY unit price of $72.75 (at the time of writing), this 12-month total gives this ETF a trailing yield of 5.83%. That means if one buys 600 units of this ETF today, which would set one back around $43,650, one could potentially secure an annual stream of passive dividend income of $2,544. That would work out to be worth $212 every month. Now, obviously, $43,650 is no small chunk of change. But I think it's an achievable goal over a few years of investing. Especially if you reinvest those fat dividend distributions for your first few years. Pulling all of this together, you can see why I would recommend this ETF full of ASX 200 dividend shares to anyone looking to boost their incomes today.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461584397"}