Schwab U.S. Dividend Equity ETF
SCHDETF · ETF · quarterly payer
Forward Yield
3.20%
Annual Dividend
$1.05
Payout Ratio
—
5-Yr Growth
9.1%
Ex-Date
—
Frequency
Quarterly
Summary
As of July 2026, Schwab U.S. Dividend Equity ETF (SCHD) yields 3.20% ($1.05 per share annually), with a blended fair-value estimate of $21.33 — -35% downside, so it screens as overvalued. Dividend safety grade: A (84/100). 14 years of dividend growth.
Is SCHD a good dividend stock?
YesSchwab U.S. Dividend Equity ETF (SCHD) pays a quarterly dividend yielding 3.20% ($1.05/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 9.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.20%
- Payout Ratio
- —
- Annual Dividend
- $1.05
- 5-Yr Avg Growth
- 9.1%
- Ex-Dividend Date
- —
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 18.9
- 5-Yr Total Return
- 27%
- 52-Week Range
- $26.21 – $33.50
- Dividend Safety
- A · 84/100
- Ever Cut?
- No
Frequently Asked Questions
SCHD Price — Last 12 Months
Daily close
Price Return
1 Year
+18%
3 Years
+32%
5 Years
+27%
52-Week Range
$26.21 – $33.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SCHD worth?
Overvaluedlow confidenceOur blended fair-value estimate for Schwab U.S. Dividend Equity ETF is $21.33 per share, versus a market price of $32.91. That implies 35% of downside.
Fair Value
$21.33
Current Price
$32.91
Downside
-35%
Margin of Safety
-54%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 9.6% stage-1 growth, 2.5% terminal growth, $1.05 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SCHD Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 24, 2026 | — | $0.2530 | regular |
| Mar 25, 2026 | — | $0.2570 | regular |
| Dec 10, 2025 | — | $0.2780 | regular |
| Sep 24, 2025 | — | $0.2600 | regular |
| Jun 25, 2025 | — | $0.2600 | regular |
| Mar 26, 2025 | — | $0.2490 | regular |
| Dec 11, 2024 | — | $0.2650 | regular |
| Sep 25, 2024 | — | $0.2517 | regular |
| Jun 26, 2024 | — | $0.2747 | regular |
| Mar 20, 2024 | — | $0.2037 | regular |
| Dec 6, 2023 | — | $0.2473 | regular |
| Sep 20, 2023 | — | $0.2183 | regular |
| Jun 21, 2023 | — | $0.2217 | regular |
| Mar 22, 2023 | — | $0.1990 | regular |
Income Calculator
At $1.05 / yr per share
