SCHM Dividend Yield 2026: Schwab U.S. Mid-Cap ETF

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Data last updated: Oct 19, 2026

Snapshot (as of Oct 19, 2026): Schwab U.S. Mid-Cap ETF (SCHM) pays a $0.00 annual dividend, yielding 1.30% at $34.16/share. 5 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.30%

Annual Dividend: $0.00 per share

Dividend Frequency: quarterly

Years of Dividend History: 16

About Schwab U.S. Mid-Cap ETF Dividend

The Schwab U.S. Mid-Cap ETF dividend comes from a fund that tracks the Dow Jones U.S. Mid-Cap Total Stock Market Index, covering companies ranked 501 to 1000 by full market capitalization. SCHM pays dividends quarterly and currently yields 1.31%. That yield is low by income standards, but the fund has grown its per-share payout from $0.0960 in 2011 to $0.4380 in 2025. SCHM fits growth-and-income investors who care more about dividend growth than immediate yield.

Dividend Safety

Schwab U.S. Mid-Cap ETF dividend safety depends on the aggregate distributions from the fund's underlying holdings, which are float-adjusted market capitalization weighted components ranked 501 to 1000 in the Dow Jones U.S. Total Stock Market Index. Payout ratio is not applicable (fund/ETF), since SCHM passes through income generated by its holdings rather than retaining earnings. The most data-supported pressure point is that the annual dividend has declined at least once by more than 5% within the 2011 to 2025 history window, with 2020 showing a drop from $0.2974 to $0.2790, reflecting how mid-cap earnings and distributions can contract during economic stress.

Schwab U.S. Mid-Cap ETF (SCHM) Dividend Growth Rate, CAGR, and History

Schwab U.S. Mid-Cap ETF dividend history shows a CAGR of 11.5% per year from 2011 to 2025. Per-share payments grew from $0.0960 to $0.4380 over that period (2026 data is partial and excluded from this calculation). The largest single-year jump was 61.7% in 2012, while the fund has posted five consecutive years of dividend increases through 2025.

Schwab U.S. Mid-Cap ETF Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+6.3%	$0.37 (2022)	$0.44 (2025)
5-Year	+9.4%	$0.28 (2020)	$0.44 (2025)
10-Year	+7.9%	$0.21 (2015)	$0.44 (2025)

Is Schwab U.S. Mid-Cap ETF a Good Dividend Stock?

SCHM fits growth-and-income investors who want exposure to mid-cap U.S. equities and are willing to accept a low current yield in exchange for above-average dividend growth. The yield sits at 1.31%, which is low (below 2%), and no 5-year average yield is available for direct comparison. What the fund delivers instead is an 11.5% annualized growth rate over 14 years, turning a $0.0960 starting payout into $0.4380 by 2025. The trade-off is clear: income today is modest, and the dividend has dipped in at least one year, so investors who need steady, high current income will find SCHM a poor fit.

Recent Schwab U.S. Mid-Cap ETF Dividend Payments

Payment Date	Amount per Share
2026-09-23	$0.1287
2026-06-24	$0.1067
2026-03-25	$0.0758
2025-12-10	$0.1334
2025-09-24	$0.1258
2025-06-25	$0.1012
2025-03-26	$0.0776
2024-12-11	$0.1189
2024-09-25	$0.1058
2024-06-26	$0.0859

Schwab U.S. Mid-Cap ETF Annual Dividend History

Year	Total Dividends
2026	$0.3112
2025	$0.4380
2024	$0.3967
2023	$0.3771
2022	$0.3651

Frequently Asked Questions

How often does SCHM pay dividends?

Schwab U.S. Mid-Cap ETF (SCHM) pays dividends quarterly — 4 times per year.

Does SCHM pay monthly dividends?

No — Schwab U.S. Mid-Cap ETF (SCHM) pays quarterly, not monthly.

What is SCHM's dividend yield?

Schwab U.S. Mid-Cap ETF (SCHM) currently yields 1.30% based on the annual dividend rate and today's share price.

Has Schwab U.S. Mid-Cap ETF ever cut its dividend?

Yes, within the available history, the annual dividend declined from $0.2974 in 2019 to $0.2790 in 2020, a drop of more than 5%. A smaller dip also occurred between 2016 and 2017.

How fast has Schwab U.S. Mid-Cap ETF grown its dividend?

The fund has grown its dividend at a compound annual growth rate (CAGR) of 11.5% per year from 2011 to 2025. Per-share payments rose from $0.0960 to $0.4380 over that 14-year window.

Is Schwab U.S. Mid-Cap ETF a good dividend stock for income investors?

For income investors focused on current yield, SCHM is a limited fit at 1.31%. Its strength is dividend growth, not immediate income, making it better suited to investors with a longer time horizon.

What type of investor is Schwab U.S. Mid-Cap ETF best suited for?

SCHM suits growth-and-income investors who prioritize dividend growth over current yield. The 11.5% annualized growth rate over 14 years is the fund's defining characteristic, not its 1.31% starting yield.

Why is Schwab U.S. Mid-Cap ETF dividend yield low?

The yield is low because the fund holds mid-cap U.S. equities, companies ranked 501 to 1000 by market cap, which typically reinvest earnings rather than pay large dividends. The fund passes through whatever income those holdings generate.

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