LemonTrades
TL;DR
- SCHD pays four times a year, usually in late March, late June, late September and December. How often: quarterly.
- Its last four payouts added up to about $1.06 a share, a yield of about 3%, far above the S&P 500’s.
- The fund charges 0.06% a year and holds 100 US companies chosen for their dividends and financial strength.
- LemonTrades tells you what moved the stocks and funds you follow, and why, as it happens.
SCHD is one of the most popular funds for dividend investors. Here’s when it pays and how much.
SCHD’s latest dividends
| Ex-dividend date | Per share |
|---|---|
| September 23, 2026 | $0.267 |
| June 24, 2026 | $0.253 |
| March 25, 2026 | $0.257 |
| December 10, 2025 | $0.278 |
| Last four quarters | $1.055 |
You have to own shares before the ex-dividend date to get the payout, which usually arrives within about a week. Schwab posts each quarter’s dates on its site; the December date comes earlier in the month than the others.
What SCHD is
The Schwab US Dividend Equity ETF tracks the Dow Jones U.S. Dividend 100 Index: 100 companies with long dividend records and strong finances. It charges 0.06% a year. It split 3-for-1 in October 2024, which is why the per-share payouts look smaller than older figures.
SCHD and other ETFs
| ETF | Pays | Last 4 payouts, per share | Yield | Price |
|---|---|---|---|---|
| VOOS&P 500 | Quarterly | $7.43 | About 1.1% | $– |
| SPYS&P 500 | Quarterly | $7.58 | About 1.0% | $– |
| VTIwhole US market | Quarterly | $3.95 | About 1.1% | $– |
| QQQNasdaq 100 | Quarterly | $3.09 | About 0.5% | $– |
| SCHDdividend stocks | Quarterly | $1.06 | About 3.0% | $– |
Pros and cons
- Pro: a much higher yield than an S&P 500 fund, with regular income.
- Pro: a low fee.
- Con: it holds little big tech, so it lags when tech leads, as it has for much of the past few years.
- Con: dividends are taxed each year in a regular account, even if you reinvest them.
Compare: does VOO pay dividends? and does QQQ pay dividends?.
Sources
Education, not financial or tax advice. Past payouts don’t guarantee future ones. See our disclaimer.
