About Schwab U.S. Dividend Equity ETF (SCHD) — Dividend Analysis 2026
SCHD tracks the Dow Jones U.S. Dividend 100 Index, focusing on quality companies with consistent dividend histories. With $60B+ AUM, it's the most popular dividend ETF in the US — combining income with quality. Only companies with 10+ consecutive years of dividends qualify. The ETF rebalances annually and has delivered market-beating total returns since inception in 2011.
Is SCHD a good dividend investment in 2026?
SCHD offers a 3.77% forward yield with a 38% payout ratio. With a safety score of 100/100, the dividend appears very safe. The 5-year dividend CAGR of 13.05% demonstrates strong, consistent growth that outpaces inflation.
SCHD DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your SCHD portfolio grows to $36.7K vs $31.1K without reinvestment — a DRIP bonus of $5.6K. This is the compound interest effect in action.
SCHD dividend growth history & forecast
SCHD has grown its dividend by 5.18% over the last year and 13.05% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.77% — illustrating why dividend growth stocks are powerful long-term wealth builders.
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🌍 SCHD Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold SCHD.
Gross yield
3.77%
Tax rate
15.00%
After-tax yield
3.20%
Real yield (−CPI)
0.40%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.77%
0.97%
$377 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.20%
0.40%
$320 / yr
🇺🇸 US Taxable (20%)
20%
3.02%
0.22%
$302 / yr
🇬🇧 UK ISA
0%
3.77%
0.97%
$377 / yr
🇬🇧 UK Taxable
8.75%
3.44%
0.64%
$344 / yr
🇨🇦 TFSA
0%
3.77%
0.97%
$377 / yr
🇨🇦 CA Taxable
25%
2.83%
0.03%
$283 / yr
🇦🇺 Super (pension)
15%
3.20%
0.40%
$320 / yr
🇦🇺 AU Taxable
30%
2.64%
-0.16%
$264 / yr
🇩🇪 DE Taxable
26.375%
2.78%
-0.02%
$278 / yr
🇫🇷 FR Taxable
30%
2.64%
-0.16%
$264 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 SCHD Income Goal & Break-Even
Dividend Break-Even
14yr
Years for dividends to repay your full SCHD investment price of $27.84/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$8.2K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$5.8K
How much do I need to invest in SCHD for:
Shares needed
26,891
Capital required
$748,645
Monthly income
$2,000
Based on current dividend of $1.05/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 SCHD Dividend Payment Schedule
SCHD pays quarterly — 4 times per year. Next ex-div: Mar 20, 2026.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$2.23 / payment
$8.92 / year after tax
100 shares
$22.31 / payment
$89.25 / year after tax
1,000 shares
$223.13 / payment
$892.50 / year after tax
📊 SCHD vs ETF Sector Benchmarks
How SCHD compares to typical ETF sector averages.
Dividend YieldSCHD: +3.77% vs sector avg 3.50% ✓ Better
SCHD━━ ETF avg: 3.50%
5Y Dividend CAGRSCHD: +13.05% vs sector avg 8.20% ✓ Better
SCHD━━ ETF avg: 8.20%
Payout RatioSCHD: 38.00% vs sector avg 52.00% ✓ Better
SCHD━━ ETF avg: 52.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.