SWPPX Dividend Yield 2026: Schwab S&P 500 Index Fund- Select Shares

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Data last updated: Oct 09, 2026

Snapshot (as of Oct 09, 2026): Schwab S&P 500 Index Fund- Select Shares (SWPPX) pays a $0.19 annual dividend, yielding 0.97% at $20.07/share. Next ex-dividend date 2025-12-12. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 0.97%

Annual Dividend: $0.19 per share

Ex-Dividend Date: 2025-12-12

Dividend Frequency: annually

Sector: Financial Services

Years of Dividend History: 29

About Schwab S&P 500 Index Fund- Select Shares Dividend

Schwab S&P 500 Index Fund- Select Shares dividend reflects the fund's singular goal: tracking the total return of the S&P 500 Index. The current yield sits at 0.98%, with a trailing annual dividend rate of $0.1946 per share paid once a year. The next ex-dividend date is December 12, 2025. SWPPX suits growth-and-income investors who want broad U.S. large-cap equity exposure with a dividend that has grown at 8.2% per year over the past 15 years.

Dividend Safety

Schwab S&P 500 Index Fund- Select Shares pays out dividends as a pass-through of the income generated by its S&P 500 holdings, making a traditional payout ratio not applicable (fund/ETF). Schwab S&P 500 Index Fund- Select Shares dividend safety is therefore tied directly to the aggregate dividend income produced by the roughly 500 large-cap U.S. companies the fund tracks, not to a single company's earnings. The primary pressure point is any broad decline in dividend payments across S&P 500 constituents, which would reduce the income passed through to SWPPX shareholders.

Schwab S&P 500 Index Fund- Select Shares (SWPPX) Dividend Growth Rate, CAGR, and History

Over the past 15 years, Schwab S&P 500 Index Fund- Select Shares has grown its dividend at 8.2% per year. Per-share payments rose from $0.0597 in 2010 to $0.1946 in 2025 (the 2026 figure is not yet complete). Schwab S&P 500 Index Fund- Select Shares dividend history also shows at least one year-over-year decline exceeding 5%, so the path has not been linear, and the largest single-year jump was 73.1% in 2015.

Schwab S&P 500 Index Fund- Select Shares Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+6.0%	$0.16 (2022)	$0.19 (2025)
5-Year	+2.3%	$0.17 (2020)	$0.19 (2025)
10-Year	+1.5%	$0.17 (2015)	$0.19 (2025)

Is Schwab S&P 500 Index Fund- Select Shares a Good Dividend Stock?

SWPPX fits growth-and-income investors who prioritize dividend growth over current yield. At 0.98%, the yield is low (below 2%), though it runs above the fund's own 5-year average of 0.88%, which means the current payout is modestly elevated relative to recent norms. The fund has three consecutive years of dividend increases and an 8.2% annualized growth rate over 15 years. What an investor gets is broad S&P 500 exposure with a dividend that compounds meaningfully over time. The trade-off is a sub-1% starting yield that delivers little immediate income.

Recent Schwab S&P 500 Index Fund- Select Shares Dividend Payments

Payment Date	Amount per Share
2025-12-12	$0.1946
2024-12-13	$0.1850
2023-12-08	$0.1743
2022-12-09	$0.1635
2021-12-10	$0.1540
2020-12-18	$0.1733
2019-12-20	$0.1603
2018-12-28	$0.0083
2018-12-21	$0.1621
2017-12-18	$0.1227

Schwab S&P 500 Index Fund- Select Shares Annual Dividend History

Year	Total Dividends
2025	$0.1946
2024	$0.1850
2023	$0.1743
2022	$0.1635
2021	$0.1540

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.03% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.04% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• IVV — iShares Core S&P 500 ETF (1.07% yield)
• JPM — JPMorgan Chase & Co. (1.87% yield)

Frequently Asked Questions

Does SWPPX pay dividends?

Yes, Schwab S&P 500 Index Fund- Select Shares (SWPPX) pays a $0.19 annual dividend per share, yielding 0.97%.

How often does SWPPX pay dividends?

Schwab S&P 500 Index Fund- Select Shares (SWPPX) pays dividends annually — 1 time per year.

Does SWPPX pay monthly dividends?

No — Schwab S&P 500 Index Fund- Select Shares (SWPPX) pays annually, not monthly.

How much does SWPPX pay per month?

Schwab S&P 500 Index Fund- Select Shares (SWPPX) pays about $0.02 per share per month at the current annual dividend rate of $0.19. Actual payments arrive annually; this figure normalizes annual income to a monthly view.

What is SWPPX's dividend yield?

Schwab S&P 500 Index Fund- Select Shares (SWPPX) currently yields 0.97% based on the annual dividend rate and today's share price.

Has Schwab S&P 500 Index Fund- Select Shares ever cut its dividend?

Within the available 15-year history, the data shows at least one year-over-year decline exceeding 5%, including a drop from $0.1670 in 2015 to $0.1463 in 2016. The dividend has not followed a straight upward path.

How fast has Schwab S&P 500 Index Fund- Select Shares grown its dividend?

The fund has grown its dividend at a compound annual growth rate (CAGR) of 8.2% per year from 2010 to 2025. Per-share payments rose from $0.0597 to $0.1946 over that period.

Is Schwab S&P 500 Index Fund- Select Shares a good dividend stock for income investors?

For income investors focused on current yield, the 0.98% yield is low (below 2%), which limits immediate income. The fund is better characterized as a growth-and-income option, where the 8.2% annualized dividend growth rate is the primary draw.

Latest SWPPX News

• Best S&P 500 Funds for 2026 - Forbes — Forbes
• 8 Best Index Funds to Buy in October 2026 - The Motley Fool — The Motley Fool
• 5 Best Schwab Money Market Funds | Investing - U.S. News - Money — U.S. News - Money

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