VZ dividend yield: 6.62%. SCHD dividend yield: 3.77%. Verizon is America's largest wireless carrier by subscribers. The company offers a high current yield with modest dividend growth. Verizon's 5G network rollout and fiber expansion position it for steady cash flows. A defensive income stock with 19+ consecutive years of dividend increases. 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.
Verizon is America's largest wireless carrier by subscribers. The company offers a high current yield with modest dividend growth. Verizon's 5G network rollout and fiber expansion position it for steady cash flows. A defensive income stock with 19+ consecutive years of dividend increases.
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.
VZ currently offers a 6.62% yield (2.66/share/year) while SCHD offers 3.77% (1.05/share/year). VZ 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 VZ vs SCHD earn per year?
With $10,000 invested today: VZ pays approximately $662/year. SCHD pays approximately $377/year. With DRIP reinvestment over 10 years, these grow to $1,768/year (VZ) and $1,926/year (SCHD).
Does VZ or SCHD pay monthly dividends?
VZ 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.
📬
Get this VZ vs SCHD comparison by email
Save your analysis + get weekly dividend insights. Free forever.