SmarterDividends

JEPQ vs SCHD: Which Is the Better Dividend Stock?

As of September 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 11.32%, SCHD has the higher dividend-safety score, and JEPQ trades at the larger discount to fair value (+82%).

MetricJEPQSCHD
Forward yield11.32%3.07%
Annual dividend$6.77$1.05
Payout ratio
Years of growth2 yr14 yr
5-yr dividend growth9.1%
5-yr total return38%
Dividend safety score57 (C)84 (A)
Fair value estimate$108.74$21.33
Upside to fair value+82%-37%
Frequencymonthlyquarterly
Market cap
P/E ratio28.918.8

Higher yield

JEPQ

11.32%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

Better value

JEPQ

+82% upside

JEPQ vs SCHD — FAQ

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