SmarterDividends

SCHD vs TSPY: Which Is the Better Dividend Stock?

As of September 2026, TSPY (TappAlpha SPY Growth & Daily Income ETF) screens as the stronger dividend stock, winning 2 of 3 head-to-head metrics. TSPY offers the higher yield at 14.00%, SCHD has the higher dividend-safety score.

MetricSCHDTSPY
Forward yield3.19%14.00%
Annual dividend$1.06$3.57
Payout ratio——
Years of growth14 yr1 yr
5-yr dividend growth9.1%—
5-yr total return30%—
Dividend safety score84 (A)—
Fair value estimate$21.33—
Upside to fair value-37%—
Frequencyquarterlymonthly
Market cap——
P/E ratio18.324.4

Higher yield

TSPY

14.00%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

SCHD vs TSPY — FAQ

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