SmarterDividends

DGRO vs SCHD: Which Is the Better Dividend Stock?

As of June 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 3.21%, DGRO has the higher dividend-safety score, and SCHD trades at the larger discount to fair value (-35%).

MetricDGROSCHD
Forward yield1.94%3.21%
Annual dividend$1.47$1.06
Payout ratio
Years of growth11 yr14 yr
5-yr dividend growth6.3%9.6%
5-yr total return51%30%
Dividend safety score89 (A)84 (A)
Fair value estimate$26.09$21.47
Upside to fair value-66%-35%
Frequencyquarterlyquarterly
Market cap
P/E ratio23.319.3

Higher yield

SCHD

3.21%

Safer dividend

DGRO

Grade A

Faster growth

SCHD

9.6%

Better value

SCHD

-35% upside

DGRO vs SCHD — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.