SCHD (Schwab U.S. Dividend Equity ETF) is an exchange-traded fund that tracks the Dow Jones U.S. Dividend 100™ Index. It focuses on quality U.S. dividend-paying companies with strong fundamentals and consistent dividend payments.

SCHD pays dividends quarterly, typically in March, June, September, and December. The exact ex-dividend and payment dates may vary slightly each quarter.

As of May 2025, SCHD has a forward dividend yield of approximately 4.04%, based on the current share price. This yield may fluctuate with changes in share price and dividend payments.

Dividend reinvestment, or DRIP, is the process of using dividend payments to purchase additional shares of the same investment automatically. This strategy compounds returns over time by increasing the number of shares you own, which in turn generates more dividends.

Our SCHD calculator helps you project potential future dividend income and portfolio growth based on your inputs. It uses historical growth rates for SCHD as default values, but you can adjust these to create custom projections based on your own expectations.

Yield on cost represents the annual dividend income divided by your original investment amount. As dividends grow over time, your yield on cost increases even if the current market yield remains the same. It’s a measure of how effective your initial investment has become at generating income.

While we cannot provide personalized investment advice, SCHD has historically provided a combination of dividend income and capital appreciation. Whether it’s suitable for you depends on your investment goals, risk tolerance, and overall portfolio. Consider consulting with a financial advisor for personalized guidance.

The calculator provides estimates based on the inputs you provide. While the default values reflect historical performance, future results may vary significantly. The projections should be used for educational purposes and not as guarantees of future performance.

SCHD is often compared favorably to other dividend ETFs due to its focus on quality companies with strong dividend growth histories, low expense ratio (0.06%), and relatively high yield. Compared to ETFs like VYM, HDV, or DGRO, SCHD typically offers a good balance of current income and growth potential. However, each ETF has its own investment strategy and risk profile.