SCHD Dividend Yield 2026: Schwab U.S. Dividend Equity ETF

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Data last updated: Jul 19, 2026

Snapshot (as of Jul 19, 2026): Schwab U.S. Dividend Equity ETF (SCHD) pays a $1.05 annual dividend ($0.25 quarterly), yielding 3.18% at $32.91/share. Next ex-dividend date 2026-06-24. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 3.18%

Annual Dividend: $1.05 per share

Ex-Dividend Date: 2026-06-24

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 16

About Schwab U.S. Dividend Equity ETF Dividend

The Schwab U.S. Dividend Equity ETF dividend is built around tracking the Dow Jones U.S. Dividend 100 Index, giving investors exposure to a curated basket of dividend-paying U.S. equities. SCHD currently yields 3.24%, with a trailing annual dividend rate of $1.0480 per share paid quarterly. The next ex-dividend date is June 24, 2026. A beta of 0.59 means the fund moves considerably less than the broader market, which suits income investors who prioritize lower volatility over maximum upside.

Dividend Safety

Schwab U.S. Dividend Equity ETF pays out dividends as a pass-through of income from its underlying holdings, making a traditional payout ratio not applicable (fund/ETF). Schwab U.S. Dividend Equity ETF dividend safety is structurally tied to the income generated by the Dow Jones U.S. Dividend 100 Index constituents rather than a single company's earnings. The primary risk is that a broad decline in dividends paid by those underlying holdings would directly reduce what SCHD passes through to shareholders.

Schwab U.S. Dividend Equity ETF (SCHD) Dividend Growth Rate, CAGR, and History

Schwab U.S. Dividend Equity ETF dividend history shows a CAGR of 11.0% per year from 2012 to 2025. The per-share dividend grew from $0.2700 in 2012 to $1.0470 in 2025 (2026 is a partial year and excluded from this calculation). The smallest annual increase in the window was 3.8% in 2023, while the largest reached 19.8% in 2019.

Schwab U.S. Dividend Equity ETF Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+7.0%	$0.85 (2022)	$1.05 (2025)
5-Year	+9.1%	$0.68 (2020)	$1.05 (2025)
10-Year	+10.6%	$0.38 (2015)	$1.05 (2025)

Is Schwab U.S. Dividend Equity ETF a Good Dividend Stock?

SCHD fits dividend investors who want a growing income stream with below-average market volatility. The current yield of 3.24% falls in the moderate (2-4%) range, and it sits well below the 5-year average yield of 6.78%, which reflects how much the fund's price has appreciated relative to its distributions over that period. What an investor gets here is 13 consecutive years of dividend increases at an 11.0% annual growth rate. The trade-off is that the current yield is meaningfully lower than the fund's own historical average, so investors buying today receive less income per dollar invested than those who bought in earlier years.

Recent Schwab U.S. Dividend Equity ETF Dividend Payments

Payment Date	Amount per Share
2026-06-24	$0.2525
2026-03-25	$0.2570
2025-12-10	$0.2780
2025-09-24	$0.2600
2025-06-25	$0.2600
2025-03-26	$0.2490
2024-12-11	$0.2650
2024-09-25	$0.2517
2024-06-26	$0.2747
2024-03-20	$0.2037

Schwab U.S. Dividend Equity ETF Annual Dividend History

Year	Total Dividends
2026	$0.5095
2025	$1.0470
2024	$0.9951
2023	$0.8863
2022	$0.8540

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.04% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.06% yield)
• VOO — Vanguard S&P 500 ETF (1.08% yield)
• JPM — JPMorgan Chase & Co. (1.76% yield)
• IVV — iShares Core S&P 500 ETF (1.10% yield)
• FXAIX — Fidelity 500 Index Fund (1.06% yield)

Frequently Asked Questions

How often does Schwab U.S. Dividend Equity ETF pay dividends?

Schwab U.S. Dividend Equity ETF pays dividends quarterly. The most recent payment was $0.2525 per share, with the next ex-dividend date set for June 24, 2026.

What is Schwab U.S. Dividend Equity ETF's current dividend yield?

The current SCHD dividend yield is 3.24%, which is well below the fund's 5-year average yield of 6.78%. That gap reflects how much the fund's share price has risen relative to its per-share distributions over that period.

Has Schwab U.S. Dividend Equity ETF ever cut its dividend?

No year-over-year decline appears in the available dividend history from 2012 through 2025. Annual distributions have increased every year in that window, though the data covers only 13 years and cannot speak to any period before 2012.

How fast has Schwab U.S. Dividend Equity ETF grown its dividend?

SCHD has grown its dividend at a compound annual growth rate (CAGR) of 11.0% per year from 2012 to 2025. Over that span, the annual per-share payment rose from $0.2700 to $1.0470.

Is Schwab U.S. Dividend Equity ETF a good dividend stock for income investors?

SCHD carries a moderate (2-4%) yield of 3.24% and 13 consecutive years of dividend increases at an 11.0% annual growth rate. Income investors who prioritize growing distributions and low volatility (beta 0.59) will find those characteristics here; those seeking maximum current yield will note the yield is below the fund's own 5-year average.

What type of investor is Schwab U.S. Dividend Equity ETF best suited for?

SCHD suits dividend investors who want a combination of income growth and lower market sensitivity. A beta of 0.59 and 13 straight years of dividend increases at 11.0% per year describe a fund oriented toward growing income rather than maximizing current yield.

How does Schwab U.S. Dividend Equity ETF compare to its own historical yield?

The current yield of 3.24% is well below SCHD's 5-year average yield of 6.78%. Investors buying today are receiving a lower income rate per dollar invested than the fund's own historical average, largely because the share price has risen over that period.

Latest SCHD News

• If I Could Only Buy 1 Dividend ETF With $1,000 Right Now, Here's Where I'd Invest - The Globe and Mail — The Globe and Mail
• Dividend ETF (SCHD) Hits a New 52-Week High - Yahoo Finance — Yahoo Finance
• SCHD: Dividend Yield, Payout Growth, And Capital Appreciation: Defensive Income Play - Seeking Alpha — Seeking Alpha

Project income from SCHD with the SCHD dividend calculator or track your full portfolio with the dividend tracker.