Schwab Municipal Bond ETF (SCMB) Dividend
Schwab Municipal Bond ETF (SCMB) currently pays a dividend yield of 3.58%, distributing $0.91 per share annually ($0.08 per month). The company operates in the Diversified Fund sector.
SCMB has raised its dividend for 2 consecutive years.
SCMB dividend at a glance
| Dividend Yield | 3.58% |
|---|---|
| Annual Dividend | $0.91 per share |
| Per Payment | $0.08 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | September 3, 2026 |
| Next Payment Date | September 24, 2026 |
| Consecutive Years of Dividend Growth | 2 |
| Sector | Diversified Fund |
| Implied Share Price (from yield) | $25.34 |
What SCMB pays on a $10,000 investment
At a 3.58% yield, $10,000 invested in SCMB generates about $358.00 per year, or roughly $29.83 every month. Share counts below use an implied price of $25.34, derived from the $0.91 annual dividend and the 3.58% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 39.5 | $35.80 | $2.98 |
| $5,000 | 197.4 | $179.00 | $14.92 |
| $10,000 | 394.7 | $358.00 | $29.83 |
| $25,000 | 986.8 | $895.00 | $74.58 |
| $100,000 | 3,947.1 | $3,580.00 | $298.33 |
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 month — see how the dividend snowball compounds.
SCMB dividend payment schedule
SCMB pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is September 3, 2026, with payment on September 24, 2026. Later rows are projected forward at the same interval and will shift when Schwab Municipal Bond ETF declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 3, 2026 | September 24, 2026 | $0.08 | Confirmed |
| October 3, 2026 | October 24, 2026 | $0.08 | Projected |
| November 3, 2026 | November 24, 2026 | $0.08 | Projected |
| December 3, 2026 | December 24, 2026 | $0.08 | Projected |
| January 3, 2027 | January 24, 2027 | $0.08 | Projected |
| February 3, 2027 | February 24, 2027 | $0.08 | Projected |
To collect a SCMB 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 SCMB's dividend compares
Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. SCMB's 3.58% is 0.17 percentage points below that median, ranking 305th of 584 by yield.
Within Diversified Fund, where we track 108 names, the median yield is 42.66% — putting SCMB below its sector.
Its 2-year run of dividend increases ranks 292nd out of the 354 names in our data with an active growth streak.
What the numbers mean
SCMB pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
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 company pays them. See the qualified vs. ordinary dividend rules.
SCMB dividend FAQ
When is the next SCMB ex-dividend date?
The next SCMB ex-dividend date is September 3, 2026, with the payment scheduled for September 24, 2026. You must own shares before the ex-dividend date to receive that payment.
What is SCMB's dividend yield?
SCMB currently yields 3.58%, based on $0.91 in dividends per share over the past year.
How often does SCMB pay dividends?
SCMB pays monthly, which works out to 12 payments per year of about $0.08 per share.
How much dividend income would $10,000 of SCMB generate?
At the current 3.58% yield, $10,000 invested in SCMB would produce roughly $358.00 per year, or about $29.83 per month, before taxes and assuming the dividend holds.
Has SCMB increased its dividend?
Yes — SCMB has raised its dividend for 2 consecutive years.
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Similar yields to SCMB
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Track SCMB 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.