DVY 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. DVY offers the higher yield at 3.30%, SCHD has the higher dividend-safety score, and SCHD trades at the larger discount to fair value (-35%).
| Metric | DVY | SCHD |
|---|---|---|
| Forward yield | 3.30% | 3.21% |
| Annual dividend | $3.54 | $1.06 |
| Payout ratio | — | — |
| Years of growth | 5 yr | 14 yr |
| 5-yr dividend growth | 6.9% | 9.6% |
| 5-yr total return | 36% | 30% |
| Dividend safety score | 76 (B) | 84 (A) |
| Fair value estimate | $64.26 | $21.47 |
| Upside to fair value | -60% | -35% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 16.1 | 19.3 |
Higher yield
DVY
3.30%
Safer dividend
SCHD
Grade A
Faster growth
SCHD
9.6%
Better value
SCHD
-35% upside
DVY vs SCHD — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


