DGRO vs SCHD: Which Is the Better Dividend Stock?
As of September 2026, SCHD (Schwab U.S. Dividend Equity ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. SCHD offers the higher yield at 3.07%, DGRO has the higher dividend-safety score, and SCHD trades at the larger discount to fair value (-37%).
| Metric | DGRO | SCHD |
|---|---|---|
| Forward yield | 1.89% | 3.07% |
| Annual dividend | $1.48 | $1.05 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 14 yr |
| 5-yr dividend growth | 7.1% | 9.1% |
| 5-yr total return | 56% | 38% |
| Dividend safety score | 89 (A) | 84 (A) |
| Fair value estimate | $26.21 | $21.33 |
| Upside to fair value | -66% | -37% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 22.4 | 18.8 |
Higher yield
SCHD
3.07%
Safer dividend
DGRO
Grade A
Faster growth
SCHD
9.1%
Better value
SCHD
-37% upside
DGRO vs SCHD — FAQ
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