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

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Data last updated: Oct 16, 2026

Snapshot (as of Oct 16, 2026): Schwab U.S. Dividend Equity ETF (SCHD) pays a $0.00 annual dividend, yielding 3.07% at $34.32/share. 13+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 3.07%

Annual Dividend: $0.00 per share

Dividend Frequency: quarterly

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 high-dividend U.S. equities. SCHD currently yields 3.19%, with a trailing annual dividend rate of $1.0541 per share paid quarterly. The next ex-dividend date is September 23, 2026, with the last payment of $0.2665 per share. A beta of 0.58 points to meaningfully lower price swings than the broader market, which suits income investors who prioritize steadier returns over aggressive growth.

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

Over the past 13 years, Schwab U.S. Dividend Equity ETF has grown its dividend at 11.5% per year. Per-share payments rose from $0.2545 in 2012 to $1.0476 in 2025 (2026 is a partial year and not used in this calculation). The smallest annual increase in the window was 3.8% in 2023, showing that even in slower years SCHD continued to grow its payout.

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	+11.5%	$0.35 (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 from a diversified basket of U.S. dividend-paying equities, without concentrating risk in a single company. The yield sits in the moderate (2–4%) range at 3.19%, which is above the fund's own 5-year average of 2.74%, meaning current buyers are locking in a better-than-average entry yield. Thirteen consecutive years of dividend increases and an 11.5% annual growth rate are the defining strengths here. The trade-off is that yield is moderate rather than high, so investors gain growth and diversification but not maximum current income.

Recent Schwab U.S. Dividend Equity ETF Dividend Payments

Payment Date	Amount per Share
2026-09-23	$0.2665
2026-06-24	$0.2525
2026-03-25	$0.2569
2025-12-10	$0.2782
2025-09-24	$0.2604
2025-06-25	$0.2602
2025-03-26	$0.2488
2024-12-11	$0.2645
2024-09-25	$0.2515
2024-06-26	$0.2747

Schwab U.S. Dividend Equity ETF Annual Dividend History

Year	Total Dividends
2026	$0.7759
2025	$1.0476
2024	$0.9944
2023	$0.8861
2022	$0.8540

Frequently Asked Questions

How often does SCHD pay dividends?

Schwab U.S. Dividend Equity ETF (SCHD) pays dividends quarterly — 4 times per year.

Does SCHD pay monthly dividends?

No — Schwab U.S. Dividend Equity ETF (SCHD) pays quarterly, not monthly.

What is SCHD's dividend yield?

Schwab U.S. Dividend Equity ETF (SCHD) currently yields 3.07% based on the annual dividend rate and today's share price.

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

No annual dividend cut appears in the available history from 2012 through 2025. Each full calendar year in that window shows a higher annual payout than the prior year, 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 11.5% per year from 2012 to 2025. Per-share payments rose from $0.2545 to $1.0476 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 3.19%, currently above its 5-year average, paired with 13 consecutive years of dividend increases at an 11.5% annual growth rate. It suits income investors who value growing payouts over maximizing current yield.

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 from the Dow Jones U.S. Dividend 100 Index holdings. No cut appears in 13 years of history, but a broad decline in underlying holdings' dividends would reduce distributions.

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

At 3.19%, the current yield is above the 5-year average of 2.74%. That means the fund is currently yielding more relative to its price than it has for most of the past five years.

Latest SCHD News

• Why SCHD’s Income Is Unshakable This Year: 6 Dividend Aristocrats Doing the Heavy Lifting - Yahoo Finance — Yahoo Finance
• Why SCHD’s Income Is Unshakable This Year: 6 Dividend Aristocrats Doing the Heavy Lifting - 24/7 Wall St. — 24/7 Wall St.
• SCHD Pays $8,384 More a Year Than SCHG. Over Five Years SCHG Returned $121,800 More - 24/7 Wall St. — 24/7 Wall St.

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