SmarterDividends

JEPQ vs SCHD: Which Is the Better Dividend Stock?

As of June 2026, JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. JEPQ offers the higher yield at 10.22%, SCHD has the higher dividend-safety score, and JEPQ trades at the larger discount to fair value (+64%).

MetricJEPQSCHD
Forward yield10.22%3.21%
Annual dividend$6.12$1.06
Payout ratio
Years of growth2 yr14 yr
5-yr dividend growth9.6%
5-yr total return30%
Dividend safety score61 (C)84 (A)
Fair value estimate$98.38$21.47
Upside to fair value+64%-35%
Frequencymonthlyquarterly
Market cap
P/E ratio32.219.3

Higher yield

JEPQ

10.22%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.6%

Better value

JEPQ

+64% upside

JEPQ vs SCHD — FAQ

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