STEP dividend yield: 4.00%. SCHD dividend yield: 3.77%. STEP is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in STEP shares. 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.
STEP is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in STEP shares.
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 STEP or SCHD better for dividend income in 2026?
STEP currently offers a 4.00% yield (2.00/share/year) while SCHD offers 3.77% (1.05/share/year). STEP provides higher current income. However, SCHD has grown its dividend faster (13.05% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in STEP vs SCHD earn per year?
With $10,000 invested today: STEP pays approximately $400/year. SCHD pays approximately $377/year. With DRIP reinvestment over 10 years, these grow to $899/year (STEP) and $1,926/year (SCHD).
Does STEP or SCHD pay monthly dividends?
STEP pays quarterly dividends. SCHD pays quarterly dividends. Neither pay monthly — both use a quarterly schedule, which is preferred by investors who need regular cash flow.
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