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Data last updated: Oct 02, 2026
Snapshot (as of Oct 02, 2026): Schwab U.S. REIT ETF (SCHH) pays a $0.68 annual dividend ($0.17 quarterly), yielding 3.10% at $21.86/share. Next ex-dividend date 2026-09-23. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.10%
Annual Dividend: $0.68 per share
Ex-Dividend Date: 2026-09-23
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 16
The Schwab U.S. REIT ETF dividend comes from a fund built to mirror the total return of a U.S. equity REIT index, before fees and expenses. SCHH currently yields 2.89%, with a trailing annual dividend rate of $0.6607 per share paid quarterly. The next ex-dividend date is June 24, 2026, with the most recent payment of $0.1683 per share. A beta of 0.946 puts SCHH close to market-level volatility, making it a fit for dividend investors seeking real estate exposure without extreme price swings.
Schwab U.S. REIT ETF pays out dividends as a pass-through from its underlying REIT holdings, making a traditional payout ratio not applicable (fund/ETF). Schwab U.S. REIT ETF dividend safety depends on the income generated by the U.S. equity REITs the fund tracks, not on a single company's earnings. The most significant pressure point is that REIT distributions can fall when property income declines, which the fund's own history shows: annual payments dropped sharply in multiple years, including a move from $1.4110 in 2018 to $1.3170 in 2019 and further to $0.9680 in 2020.
Schwab U.S. REIT ETF dividend history shows a CAGR of 0.3% per year from 2011 to 2025. Per-share payments moved from $0.6070 to $0.6350 over that window (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 26.5% in 2012, but the data also contains at least one year-over-year decline exceeding 5%. Growth is slow, and that limits the income upside for investors counting on rising payments over time.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +8.9% | $0.49 (2022) | $0.64 (2025) |
| 5-Year | +5.6% | $0.48 (2020) | $0.64 (2025) |
| 10-Year | +2.6% | $0.49 (2015) | $0.64 (2025) |
SCHH fits dividend investors who want broad U.S. REIT exposure and are comfortable accepting flat long-term dividend growth in exchange for current income. The yield sits at moderate (2–4%), currently at 2.89%, which is nearly in line with the 5-year average of 2.86%. That consistency in yield is real, but the per-share dividend has grown only 0.3% annually since 2011. What an investor gets is real estate sector income at low cost; what they accept is a payout that has historically moved up and down with REIT market conditions rather than compounding steadily upward.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-23 | $0.1732 |
| 2026-06-24 | $0.1683 |
| 2026-03-25 | $0.1147 |
| 2025-12-10 | $0.2222 |
| 2025-09-24 | $0.1555 |
| 2025-06-25 | $0.1588 |
| 2025-03-26 | $0.0985 |
| 2024-12-11 | $0.2421 |
| 2024-09-25 | $0.1397 |
| 2024-06-26 | $0.1899 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.4562 |
| 2025 | $0.6350 |
| 2024 | $0.6791 |
| 2023 | $0.6713 |
| 2022 | $0.4916 |
Project income from SCHH with the SCHH dividend calculator or track your full portfolio with the dividend tracker.