Schwab US Dividend Equity ETF (SCHD) Dividend
Schwab US Dividend Equity ETF (SCHD) currently pays a dividend yield of 2.99%, distributing $1.01 per share annually ($0.25 per quarter). It is an exchange-traded fund, so its distribution reflects the dividends collected from its underlying holdings.
SCHD has raised its dividend for 13 consecutive years.
SCHD dividend at a glance
| Dividend Yield | 2.99% |
|---|---|
| Annual Dividend | $1.01 per share |
| Per Payment | $0.25 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | September 24, 2026 |
| Next Payment Date | September 27, 2026 |
| Consecutive Years of Dividend Growth | 13 |
| Type | Exchange-Traded Fund |
| Implied Share Price (from yield) | $33.85 |
What SCHD pays on a $10,000 investment
At a 2.99% yield, $10,000 invested in SCHD generates about $299.00 per year, or roughly $74.75 every quarter. Share counts below use an implied price of $33.85, derived from the $1.01 annual dividend and the 2.99% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 29.5 | $29.90 | $7.48 |
| $5,000 | 147.7 | $149.50 | $37.38 |
| $10,000 | 295.5 | $299.00 | $74.75 |
| $25,000 | 738.6 | $747.50 | $186.88 |
| $100,000 | 2,954.5 | $2,990.00 | $747.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
SCHD dividend payment schedule
SCHD pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 24, 2026, with payment on September 27, 2026. Later rows are projected forward at the same interval and will shift when Schwab US Dividend Equity ETF declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 24, 2026 | September 27, 2026 | $0.25 | Confirmed |
| December 24, 2026 | December 27, 2026 | $0.25 | Projected |
| March 24, 2027 | March 27, 2027 | $0.25 | Projected |
| June 24, 2027 | June 27, 2027 | $0.25 | Projected |
To collect a SCHD dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How SCHD's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. SCHD's 2.99% is 0.82 percentage points below that median, ranking 346th of 587 by yield.
Among the 26 dividend ETFs we track, the median yield is 4.45% — putting SCHD below that group.
Its 13-year run of dividend increases ranks 129th out of the 362 names in our data with an active growth streak.
What the numbers mean
Payout ratio is not reported for SCHD because it is a fund rather than an operating company — an ETF distributes the income it collects from its holdings, so there are no company earnings to measure the payout against.
Like most US dividend payers, SCHD distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of fund pays them. See the qualified vs. ordinary dividend rules.
SCHD dividend FAQ
When is the next SCHD ex-dividend date?
The next SCHD ex-dividend date is September 24, 2026, with the payment scheduled for September 27, 2026. You must own shares before the ex-dividend date to receive that payment.
What is SCHD's dividend yield?
SCHD currently yields 2.99%, based on $1.01 in dividends per share over the past year.
How often does SCHD pay dividends?
SCHD pays quarterly, which works out to 4 payments per year of about $0.25 per share.
How much dividend income would $10,000 of SCHD generate?
At the current 2.99% yield, $10,000 invested in SCHD would produce roughly $299.00 per year, or about $74.75 per quarter, before taxes and assuming the dividend holds.
Has SCHD increased its dividend?
Yes — SCHD has raised its dividend for 13 consecutive years.
SCHD dividend history
DivTrkr holds 59 recorded SCHD dividend payments going back to 2011, with 2 consecutive complete years of increases and +9.6% a year of growth over the last five complete years. See the full SCHD dividend history — every payment, annual totals and growth by year.
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Similar yields to SCHD
- PG — Procter & Gamble dividend (2.99%)
- AEP — American Electric Power dividend (3.02%)
- XEL — Xcel Energy dividend (3.04%)
- NEE — NextEra Energy dividend (2.94%)
- PLD — Prologis dividend (3.05%)
- TGT — Target Corporation dividend (3.05%)
Track SCHD dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.