This is a dividend reinvestment (DRIP) calculator for SCHD - Schwab U.S. Dividend Equity ETF. It starts from SCHD's real payment history and models the dividend snowball: every payout buys more shares, and every new share pays its own dividends.
SCHD pays a quarterly dividend. Over the last 10 years its payout has grown at an average of 9.22% per year (dividend CAGR — compound annual growth rate), while the share price has risen about 9.21% per year. The calculator is prefilled with those measured rates — change any field to test your own assumptions.
SCHD dividends: $1.01 / year (2.98% FWD yield)
| Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $10,000 | 132 | $76 | $0.74 | 3.91% | 3.81% | $427 | $427 | 153 | $11,627 |
After you press Calculate, the table above shows the year-by-year projection: share price, dividend per share, yield, yield on cost, annual and total dividends, share count and end balance for every year of the run.
SCHD at a Glance
| Fund | Schwab U.S. Dividend Equity ETF (SCHD) |
| Latest price | $33.99 |
| Payout frequency | Quarterly |
| Last dividend | $0.253 per share |
| Annualized payout | $1.01 per share / year (latest payment × 4) |
| Yield | 2.98% |
| Dividend growth (10-yr CAGR) | 9.22% / year |
| Price growth (10-yr CAGR) | 9.21% / year |
| Expense ratio | 0.06% |
| Fund size (AUM) | $112.4B |
| Inception | Oct 20, 2011 |
| Holdings | 100 positions (table below) |
SCHD Holdings
SCHD holds 100 positions — each with its current price, 1-year and year-to-date price change, payout frequency, portfolio weight and forward yield. Showing positions 1–25 of 100, 25 per page, ranked by portfolio weight.
SCHD share price: $33.99 · 1-year change: +22.62% · YTD: +23.92%
| Ticker | Price | 1Y % | YTD % | Dividend | FWD Yield | Freq | Weight (%) | Shares |
|---|---|---|---|---|---|---|---|---|
| MRK | $144.71 | +69.95% | +37.48% | $0.85 | 2.35% | Quarterly | 4.80% | 35.9M |
| ABT | $103.36 | -22.08% | -17.50% | $0.63 | 2.44% | Quarterly | 4.51% | 47.3M |
| AMGN | $382.30 | +35.22% | +16.80% | $2.52 | 2.64% | Quarterly | 4.30% | 12.2M |
| CVX | $212.75 | +34.44% | +39.59% | $1.78 | 3.35% | Quarterly | 4.26% | 21.7M |
| KO | $87.83 | +29.89% | +25.63% | $0.53 | 2.41% | Quarterly | 4.24% | 52.3M |
| COP | $137.04 | +45.59% | +46.39% | $0.84 | 2.45% | Quarterly | 4.18% | 33.1M |
| VZ | $49.97 | +13.21% | +22.69% | $0.71 | 5.66% | Quarterly | 4.07% | 88.4M |
| UNH | $388.28 | +9.80% | +17.62% | $2.32 | 2.39% | Quarterly | 3.92% | 10.9M |
| PG | $143.00 | -9.85% | -0.22% | $1.09 | 3.05% | Quarterly | 3.88% | 29.4M |
| HD | $305.69 | -27.80% | -11.16% | $2.33 | 3.05% | Quarterly | 3.71% | 13.2M |
| PEP | $136.65 | -5.26% | -4.79% | $1.48 | 4.33% | Quarterly | 3.65% | 28.9M |
| BMY | $63.75 | +34.10% | +18.19% | $0.63 | 3.95% | Quarterly | 3.26% | 55.4M |
| TXN | $258.82 | +40.40% | +49.18% | $1.42 | 2.19% | Quarterly | 3.19% | 13.4M |
| MO | $68.81 | +3.69% | +19.34% | $1.06 | 6.16% | Quarterly | 2.88% | 45.3M |
| ACN | $177.91 | -27.13% | -33.69% | $1.63 | 3.66% | Quarterly | 2.74% | 16.7M |
| LMT | $530.12 | +12.62% | +9.60% | $3.45 | 2.60% | Quarterly | 2.69% | 5.5M |
| QCOM | $176.88 | +9.52% | +3.41% | $0.92 | 2.08% | Quarterly | 2.69% | 16.5M |
| ADP | $267.33 | -10.30% | +3.93% | $1.70 | 2.54% | Quarterly | 2.68% | 10.9M |
| BX | $125.41 | -31.81% | -18.64% | $1.29 | 4.11% | Quarterly | 2.33% | 20.2M |
| CMCSA | $25.17 | -24.64% | -10.11% | $0.33 | 5.24% | Quarterly | 2.25% | 96.7M |
| SLB | $56.01 | +55.45% | +45.94% | $0.30 | 2.11% | Quarterly | 2.10% | 40.6M |
| EOG | $147.46 | +22.88% | +40.42% | $1.02 | 2.77% | Quarterly | 1.97% | 14.5M |
| UPS | $99.97 | +18.10% | +0.79% | $1.64 | 6.56% | Quarterly | 1.87% | 20.3M |
| TGT | $155.73 | +70.16% | +59.31% | $1.16 | 2.98% | Quarterly | 1.77% | 12.3M |
| OKE | $95.72 | +30.59% | +30.23% | $1.07 | 4.47% | Quarterly | 1.51% | 17.1M |
High Yield ETFs
Dividend-growth ETFs like SCHD focus on a payout that rises over time. Covered-call ETFs such as JEPI and JEPQ pay larger monthly distributions instead, and a newer group — YieldMax and similar option-strategy funds — runs quoted yields above 20%, usually with bigger swings in both price and payout.
We publish a FREE weekly email with the YieldMax distribution estimates — you can sign up below:
SCHD Dividend Payments, Yield & Share Price
Below are all of SCHD's dividend payments since 2011 with the yield line overlaid, next to SCHD's share-price history over the same stretch. The range pills zoom both charts together.
The red line marks the yield on each payment date: that payment annualized at the payout frequency in
force at the time, divided by SCHD's share price on that day.
Over the measured 10 years, SCHD's dividend has grown faster than its share price (9.22% vs 9.21% per year) — that is why the yield line trends up: each payment is larger relative to the price on the day it was paid.
SCHD Dividend History
The table lists all 59 of SCHD's dividend payments, newest first, 25 per page: the ex-date, the amount, the annualized yield on that day, the forward yield, and the share price on the payment date.
| Dividend Date | Dividend Amount | Yield | Forward Yield | Share Price |
|---|---|---|---|---|
| 06-24-2026 | $0.253 | 3.19% | 3.19% | $31.72 |
| 03-25-2026 | $0.257 | 3.37% | 3.37% | $30.54 |
| 12-10-2025 | $0.278 | 4.03% | 4.03% | $27.57 |
| 09-24-2025 | $0.26 | 3.83% | 3.83% | $27.16 |
| 06-25-2025 | $0.26 | 3.97% | 3.97% | $26.20 |
| 03-26-2025 | $0.249 | 3.58% | 3.58% | $27.80 |
| 12-11-2024 | $0.265 | 3.75% | 3.75% | $28.25 |
| 09-25-2024 | $0.252 | 3.62% | 3.62% | $27.79 |
| 06-26-2024 | $0.275 | 4.26% | 4.26% | $25.81 |
| 03-20-2024 | $0.204 | 3.08% | 3.08% | $26.41 |
| 12-06-2023 | $0.247 | 4.12% | 4.12% | $24.04 |
| 09-20-2023 | $0.073 | 1.2% | 1.2% | $24.16 |
| 06-21-2023 | $0.222 | 3.71% | 3.71% | $23.91 |
| 03-22-2023 | $0.199 | 3.39% | 3.39% | $23.45 |
| 12-07-2022 | $0.234 | 3.7% | 3.7% | $25.34 |
| 09-21-2022 | $0.212 | 3.67% | 3.67% | $23.14 |
| 06-22-2022 | $0.235 | 3.97% | 3.97% | $23.63 |
| 03-23-2022 | $0.173 | 2.66% | 2.66% | $25.99 |
| 12-08-2021 | $0.207 | 3.19% | 3.19% | $25.88 |
| 09-22-2021 | $0.196 | 3.16% | 3.16% | $24.76 |
| 06-23-2021 | $0.18 | 2.9% | 2.9% | $24.84 |
| 03-24-2021 | $0.168 | 2.83% | 2.83% | $23.69 |
| 12-10-2020 | $0.201 | 3.75% | 3.75% | $21.42 |
| 09-23-2020 | $0.181 | 4.06% | 4.06% | $17.84 |
| 06-24-2020 | $0.147 | 3.49% | 3.49% | $16.89 |
Compare SCHD vs other Stock or ETF:
SCHD is one of many ETFs with a dividend calculator here — see also DGRW, JEPI, JEPQ, QQQ, QQQI, SGOV, SPYI, VOO, VTI. To put two funds side by side — dividends, growth and total return — enter any two tickers below.
Head-to-head write-ups featuring SCHD: SCHD VS JEPI.
Why is SCHD so popular?
SCHD is one of the most popular (if not THE MOST POPULAR) dividend ETFs. Just go to /r/Dividends subreddit, and see for yourself!
The reason for SCHD popularity is its historic DIVIDEND growth and PRICE appreciation in excess of 10% per year, over its 12 year of existence. Look at this dividend growth and dividend yield chart for last 10 years:
Over the last 10 years, from January 1, 2014, to January 1, 2024, SCHD has experienced a growth of 190.1%, with dividends reinvested (DRIP). Had you invested $10,000 in SCHD 10 years ago, the current value of your shares would be approximately $29,009 today.”
Without DRIP, your shares + dividends that you have received would be around $25,900, which is still a respectable 159%. However, extra 31% total return clearly demonstrates the power of reinvesting your dividends!
Do you own any SCHD? If so, share with us, when you started your position, and what’s your average cost. And anything else you want to share, in the comments below.
For example, my average cost is about $66 (pre-split)
SCHD share price grow from its inception price of $25 in 2011, to around $76 as of Jan 2024 (pre-split — SCHD did a 3:1 split in Oct 2024), which is around 204% increase in 12 years.
If you bought SCHD for $25 in 2011, your Yield on Cost today would be around 10.6% ($2.65 TTM dividends / $25 share price).
While historic performance is not a guarantee of future return, SCHD is likely to provide “equal to” or “greater than” S&P 500 returns.
SCHD lifetime dividends: From $0.12 in 2011 to $0.74 in 2024 – SCHD Dividend grew 516% (16.37% CAGR) in 12 years!
SCHD Dividend Reinvestment Snowball
The reality is that today, SCHD’s dividend yield is not 10.6% … In fact it is around 3.5% based on last 4 dividend payments and current share price. This is where DIVIDEND GROWTH (as well as price appreciation) come into light, and where DRIP or Dividend Reinvestment Snowball comes into play.
As the old saying goes, “it’s not about timing the market, but about time in the market”. To get such a high yield on cost, it is crucial to invest and stay invested. DRIP or dividend reinvestment dramatically increases your total returns.
Let’s take a look at 2 hypothetical scenarios: Reinvesting dividends and not reinvesting (spending it on whatever).
If you invest $10,000 into SCHD (with additional $100/month investment), and assuming historic annual price increase of 7.67% and historic annual dividend increase of about 11.54%, without any extra investments, here is what your portfolio would look like 20 years, with and without DRIP:
- Your Investment: $34,000
- Portfolio With DRIP: $239,621 – $205,621 or 605% total return!
- Annual Dividend: $17,403
- Yield on Cost: 51.19%
- Portfolio Without DRIP: $147,258 – $113,258 or 333% total return
The difference is a staggering 81.55% greater total return with dividends automatically reinvested!
By year 13, your total dividends will be about the same as total investment to date – $25,331 vs $25,600.
Also, by year 17, your ANNUAL dividend will be $9,925, about the same as your initial invested amount!
If you keep going, by year 20, your total dividends will be almost 3 times higher than your TOTAL investment: $99,859 vs $34,000.
Finally, if you keep doing this for 25 years, your annual dividend will be higher than your total investment ($46,141 vs $40,000). Your total dividends collected will be $261,392 and your Yield on Cost will be 115.35%! That means that you will be getting 115.35% of your combined investment over 25 years, each year as dividend.
Year 30 is when the real magic is happening: $130,990 annual dividend (vs $46,000 total investment). $709,380 total dividends received, and $1,289,938 total portfolio value.
All it takes is patience.
None of the above is “investing advice”. Information on this website is for entertainment only!
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