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SCHD Dividend Calculator: Project Schwab U.S. Dividend Equity ETF Income

SCHD tracks the Dow Jones U.S. Dividend 100 Index, a portfolio of large-cap U.S. companies screened for at least ten consecutive years of dividend payments, cash-flow strength, return on equity, and dividend growth. That quality screen is why it is the default income holding for many long-term investors.

The fund pays distributions quarterly and charges one of the lowest expense ratios in the dividend ETF universe. Because its yield starts lower than covered-call funds, the long-run story is dividend growth: a rising payout per share that compounds alongside the portfolio value.

Use this calculator to project income from a lump sum or regular contributions, turn reinvestment on or off, and solve backwards from a monthly income target. The numbers update live from current SCHD data.

Run SCHD in the calculatorCompare SCHD vs others

Data as of September 27, 2026 · Sources: Yahoo Finance and fund fact sheets.

Share price
$33.21
Dividend yield (TTM)
3.00%
Expense ratio
0.06%
Distribution frequency
Quarterly
TTM distributions / share
$1.06
Assets under management
$112.3B
How much SCHD do you need for your income goal?

Capital required at the current 3.00% yield, before taxes and before accounting for future dividend growth or reinvestment.

Monthly incomeAnnual incomeCapital requiredApprox. shares
$500/month$6.0K$200.0K6,023
$1,000/month$12.0K$400.0K12,045
$2,000/month$24.0K$800.0K24,090
$3,000/month$36.0K$1.2M36,134
$5,000/month$60.0K$2.0M60,223
$10,000/month$120.0K$4.0M120,446

Estimates only. Yield, share price, and distributions change over time. Use the full calculator to model monthly contributions, dividend growth, taxes, and reinvestment.

Who SCHD is for
  • Long-term investors building a growing income stream over 10+ years
  • Taxable accounts where qualified dividends are more efficient than ordinary income
  • Investors who want broad dividend exposure with a quality and profitability screen
  • A core holding that pairs with higher-yield satellite positions
Trade-offs to understand
  • Quarterly payments, not monthly — pair with monthly payers if you need bill-matching cash flow
  • Its yield is lower than covered-call funds, so reaching a given income target takes more capital today
  • The value-oriented screen can lag when growth stocks lead the market

About SCHD

Tracks the Dow Jones U.S. Dividend 100 Index — large-cap U.S. companies with at least 10 consecutive years of dividend payments, screened on cash-flow-to-debt, ROE, dividend yield, and 5-year dividend growth.

SCHD key facts
MetricValue
Fund nameSchwab U.S. Dividend Equity ETF
IssuerCharles Schwab
CategoryDividend Growth
Inception date2011-10-20
Share price$33.21
NAV$33.20
Dividend yield (TTM)3.00%
Expense ratio0.06%
Distribution frequencyQuarterly
Assets under management$112.3B
1-year return9.86%
5-year return (annualized)11.18%
3-year beta0.56

Historical returns are not a forecast. Figures shown are the latest available and may differ slightly from issuer fact sheets.

SCHD dividend history and payout schedule
TTM / share
$1.06
Yield (TTM)
3.00%
Annual growth
6.6%
Pays in
March, June, September, December
Payment datePer share
September 23, 2026$0.27
June 24, 2026$0.25
March 25, 2026$0.26
December 10, 2025$0.28
September 24, 2025$0.26
June 25, 2025$0.26
March 26, 2025$0.25
December 11, 2024$0.27

Annual growth compares the latest twelve months of distributions with the twelve months ending four years earlier and is not a forecast. Past distributions can be reduced or suspended by the fund.

Top holdings

The largest positions in SCHD, by portfolio weight.

  • MRKMerck & Co Inc4.78%
  • ABTAbbott Laboratories4.77%
  • AMGNAmgen Inc4.72%
  • KOCoca-Cola Co4.20%
  • VZVerizon Communications Inc3.97%
  • CVXChevron Corp3.93%
  • HDThe Home Depot Inc3.90%
  • COPConocoPhillips3.86%
Sector allocation

Sector exposure reported by the fund provider.

  • Financials18.40%
  • Health Care16.90%
  • Consumer Staples14.70%
  • Industrials13.50%
  • Information Tech11.20%
  • Energy8.60%
SCHD frequently asked questions

SCHD yields about 3.00% per year on a trailing basis at a share price of $33.21. Yield moves with both price and distributions, so treat it as a snapshot: the calculator always uses the latest data, and you can override the yield in the advanced inputs.

$1,000 per month is $12,000 per year, so at a 3.00% yield the lump sum needed is roughly $400.0K (about 12,045 shares at $33.21). Regular contributions, dividend growth, and reinvestment lower the starting capital required — model them in the calculator.

SCHD distributes quarterly. Recent payment months have been March, June, September, December, and the trailing twelve-month distribution totals about $1.06 per share. Most brokers can automatically reinvest each payment through DRIP.

Comparing the latest twelve months of distributions with the twelve months ending four years earlier, SCHD's per-share payout has grown at roughly 6.6% per year. Dividend growth is not guaranteed and can slow if the underlying companies' payouts slow.

SCHD only includes companies with at least a decade of consecutive dividend payments and screens them for balance-sheet quality and profitability, which historically has made its distribution resilient. That is not a guarantee: distributions can still fall, and fund income depends on the health of its roughly 100 holdings.

SCHD's distributions are mostly qualified dividends, which are generally taxed at lower long-term capital gains rates in taxable accounts. Holding it in an IRA removes the annual tax drag entirely. Compare both paths with your own tax rate in the calculator and confirm with a tax professional.
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Disclaimer: This page is for educational purposes only and is not financial, investment, or tax advice. Fund data is sourced from Yahoo Finance and issuer fact sheets and may be delayed or contain errors. Dividend yields and distributions are not guaranteed. Past performance is not indicative of future results. Always consult a qualified advisor before making investment decisions.