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

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Data last updated: Sep 01, 2026

Snapshot (as of Sep 01, 2026): Schwab U.S. Dividend Equity ETF (SCHD) pays a $1.05 annual dividend ($0.25 quarterly), yielding 3.02% at $34.76/share. Next ex-dividend date 2026-06-24. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 3.02%

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 comes from a fund designed to track the Dow Jones U.S. Dividend 100 Index, targeting dividend-paying U.S. equities without charging management fees or operational expenses. SCHD currently pays a 3.04% yield. Quarterly payments total $1.0480 per share on a trailing basis, with the next ex-dividend date set for June 24, 2026. A beta of 0.58 makes this fund notably less volatile than the broader market, which suits income investors who prioritize steadier price behavior alongside dividend income.

Dividend Safety

Schwab U.S. Dividend Equity ETF pays out dividends as a pass-through 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 most significant pressure point is that any broad deterioration in dividend payments across those underlying holdings would flow directly through to SCHD distributions.

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

Over the past 13 years, Schwab U.S. Dividend Equity ETF has grown its dividend at 11.0% per year. Per-share payments rose from $0.2700 in 2012 to $1.0470 in 2025 (2026 is a partial year and excluded from the CAGR calculation). The smallest annual increase in the window was 3.8% in 2023, which shows that even in slower years, Schwab U.S. Dividend Equity ETF dividend history reflects uninterrupted forward progress across 13 consecutive years of increases.

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 combination of income and meaningful dividend growth rather than maximum current yield. The fund's yield sits in the moderate (2–4%) range at 3.04%, which is well below its own 5-year average of 6.36%, a gap that reflects price appreciation compressing the yield over time. What investors get is an 11.0% annualized growth rate over 13 years and a low-beta profile. The trade-off is accepting a current yield that is materially lower than the fund's historical average, in exchange for a dividend that has grown nearly fourfold since 2012.

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 (1.02% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.04% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.05% yield)
• JPM — JPMorgan Chase & Co. (1.69% yield)
• IVV — iShares Core S&P 500 ETF (1.07% yield)

Frequently Asked Questions

Does SCHD pay dividends?

Yes, Schwab U.S. Dividend Equity ETF (SCHD) pays a $0.25 quarterly dividend per share, yielding 3.02%.

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

Schwab U.S. Dividend Equity ETF pays dividends quarterly. The last dividend amount was $0.2525 per share, with the next ex-dividend date on June 24, 2026.

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

The current SCHD dividend yield is 3.04%, which is well below the fund's 5-year average yield of 6.36%. That gap reflects price appreciation in the fund over the 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 payments have increased each year across that 13-year window, giving SCHD 13 consecutive years of dividend increases.

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. Per-share payments rose from $0.2700 to $1.0470 over that period.

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

SCHD offers a moderate (2–4%) yield of 3.04% paired with an 11.0% annualized dividend growth rate over 13 years. Income investors who prioritize growing distributions over maximum current yield will find those characteristics more relevant than those seeking the highest immediate payout.

Is Schwab U.S. Dividend Equity ETF dividend safe?

A traditional payout ratio is not applicable (fund/ETF), so safety depends on the dividend income produced by the Dow Jones U.S. Dividend 100 Index holdings. No cut appears in the 13-year history, but distributions are only as durable as the underlying constituents' payments.

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

The current yield of 3.04% is significantly below the 5-year average of 6.36%. That difference is driven by price appreciation in SCHD stock over the period, not a reduction in per-share dividend payments.

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