SCHD vs SCHY: 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 6 head-to-head metrics. SCHY offers the higher yield at 3.36%, SCHD has the higher dividend-safety score, and SCHD trades at the larger discount to fair value (-35%).
| Metric | SCHD | SCHY |
|---|---|---|
| Forward yield | 3.21% | 3.36% |
| Annual dividend | $1.06 | $1.10 |
| Payout ratio | — | — |
| Years of growth | 14 yr | 0 yr |
| 5-yr dividend growth | 9.6% | — |
| 5-yr total return | 30% | 27% |
| Dividend safety score | 84 (A) | 60 (C) |
| Fair value estimate | $21.47 | $17.70 |
| Upside to fair value | -35% | -46% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 19.3 | 15.6 |
Higher yield
SCHY
3.36%
Safer dividend
SCHD
Grade A
Faster growth
SCHD
9.6%
Better value
SCHD
-35% upside
SCHD vs SCHY — FAQ
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