Is SEPT or SCHD a better dividend investment in 2026?

SEPT currently yields 5.82% with a 5% 5-year dividend growth rate. SCHD yields 3.44% with 13.05% growth. The better choice depends on your goal: SEPT offers higher current income.

What is the dividend yield difference between SEPT and SCHD?

SEPT has a forward dividend yield of 5.82% ($2.00/share annually). SCHD yields 3.44% ($1.06/share annually). The yield gap is 2.38 percentage points.

Home › Compare › SEPT vs SCHD

SEPT vs SCHD: Dividend Comparison 2026

SEPT yields 5.82% · SCHD yields 3.44%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 SEPT wins by $392.00 in total portfolio value

INVESTMENT

TIME HORIZON10 years

SEPT

● Live price

5.82%

Share price

$34.36

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$29.4K

Annual income

$843.90

Full SEPT calculator →

SCHD

Schwab U.S. Dividend Equity ETF

● Live price

3.44%

Share price

$30.68

Annual div

$1.06

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$29.0K

Annual income

$422.61

Full SCHD calculator →

Portfolio growth — SEPT vs SCHD

📍 SEPT pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	SEPT	SCHD
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

📅

Dividend Calendar Overlap

Combined, SEPT + SCHD cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SEPT pays

SCHD pays

Both pay

Neither

💰

Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

SEPT

Annual income on $10K today (after 15% tax)

$494.83/yr

After 10yr DRIP, annual income (after tax)

$717.31/yr

SCHD

Annual income on $10K today (after 15% tax)

$292.49/yr

After 10yr DRIP, annual income (after tax)

$359.22/yr

At 15% tax rate, SEPT beats the other by $358.10/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of SEPT + SCHD for your $10,000?

SEPT: 50%SCHD: 50%

100% SCHD50/50100% SEPT

Portfolio after 10yr

$29.2K

Annual income

$633.25/yr

Blended yield

2.17%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SEPT buys

SCHD buys

No recent congressional trades found for SEPT or SCHD in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricSEPTSCHD

Forward yield	5.82% ✓	3.44%
Annual dividend / share	$2.00 ✓	$1.06
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$29.4K ✓	$29.0K
Annual income after 10y	$843.90 ✓	$422.61
Total dividends collected	$7.2K ✓	$3.9K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: SEPT vs SCHD ($10,000, DRIP)

Year	SEPT Portfolio	SEPT Income/yr	SCHD Portfolio	SCHD Income/yr	Gap
1← crossover	$11,282	$582.16	$11,224	$344.10	+$58.00 → SEPT
2	$12,686	$613.83	$12,567	$354.98	+$119.00 → SEPT
3	$14,219	$645.04	$14,038	$365.30	+$181.00 → SEPT
4	$15,890	$675.70	$15,648	$375.06	+$242.00 → SEPT
5	$17,708	$705.70	$17,410	$384.27	+$298.00 → SEPT
6	$19,682	$735.00	$19,335	$392.95	+$347.00 → SEPT
7	$21,824	$763.51	$21,437	$401.10	+$387.00 → SEPT
8	$24,142	$791.19	$23,733	$408.75	+$409.00 → SEPT
9	$26,650	$818.00	$26,237	$415.91	+$413.00 → SEPT
10	$29,360	$843.90	$28,968	$422.61	+$392.00 → SEPT

SEPT vs SCHD: Complete Analysis 2026

SEPT — Stock

The fund seeks to match, at the end of the outcome period, the share price returns of the SPDR S&P 500 ETF Trust (the underlying ETF), up to a specified upside cap, while providing a buffer against the first 10% of underlying ETF losses. The cap and the buffer will be reduced after taking into account management fees and other fund fees and expenses.

Full SEPT Calculator →

SCHD — ETF

The fund’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index.

Full SCHD Calculator →

📬

Get this SEPT vs SCHD comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

SEPT vs JEPI SEPT vs O SEPT vs KO SEPT vs MAIN SEPT vs VYM SEPT vs DGRO SEPT vs VIG SEPT vs HDV

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.