SmarterDividends

SCHD vs DGRO: 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%).

MetricSCHDDGRO
Forward yield3.21%1.94%
Annual dividend$1.06$1.47
Payout ratio
Years of growth14 yr11 yr
5-yr dividend growth9.6%6.3%
5-yr total return30%51%
Dividend safety score84 (A)89 (A)
Fair value estimate$21.47$26.09
Upside to fair value-35%-66%
Frequencyquarterlyquarterly
Market cap
P/E ratio19.323.3

Higher yield

SCHD

3.21%

Safer dividend

DGRO

Grade A

Faster growth

SCHD

9.6%

Better value

SCHD

-35% upside

SCHD vs DGRO — FAQ

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