SmarterDividends

JEPI vs SCHD: Which Is the Better Dividend Stock?

As of July 2026, JEPI and SCHD are closely matched. JEPI offers the higher yield at 8.03%, SCHD has the higher dividend-safety score, and JEPI trades at the larger discount to fair value (+29%).

MetricJEPISCHD
Forward yield8.03%3.10%
Annual dividend$4.57$1.05
Payout ratio
Years of growth1 yr14 yr
5-yr dividend growth-3.1%9.1%
5-yr total return29%
Dividend safety score42 (D)84 (A)
Fair value estimate$73.48$21.33
Upside to fair value+29%-36%
Frequencymonthlyquarterly
Market cap
P/E ratio27.019.5

Higher yield

JEPI

8.03%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

Better value

JEPI

+29% upside

JEPI vs SCHD — FAQ

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