SCHD Dividend History and Growth Rate Analysis
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Full bio →SCHD Overview
The Schwab US Dividend Equity ETF (SCHD) tracks the Dow Jones US Dividend 100 Index, which selects 100 high dividend-yielding US stocks with consistent dividend payment history, strong financial fundamentals, and relative dividend yield. The fund launched in October 2011.
Key facts:
- Expense ratio: 0.06% (one of the lowest among dividend ETFs)
- AUM: ~$65-80B (varies with market)
- Holdings: ~100 large-cap US stocks with strong dividend history
- Distribution frequency: Quarterly (March, June, September, December)
- Inception date: October 20, 2011
Annual Dividend Per Share History (Approximate)
| Year | Annual Dividend/Share | YoY Growth |
|---|---|---|
| 2013 | $0.53 | — |
| 2015 | $0.65 | +10% |
| 2017 | $0.83 | +13% |
| 2019 | $0.91 | +5% |
| 2020 | $1.10 | +21% |
| 2021 | $1.39 | +26% |
| 2022 | $2.00 | +44% |
| 2023 | $2.62 | +31% |
| 2024 | $1.09 | -58%* |
| 2025 | ~$1.06 | ~-3% |
*SCHD underwent a 3-for-1 stock split in October 2024. The 2024 annual dividend figure should be adjusted by dividing pre-split dividends by 3 for comparison. Post-split, the 2024 full-year dividend was approximately $0.99-1.09/share.
Post-Split Adjusted Dividend Growth
Adjusting for the October 2024 3-for-1 split:
- Pre-2024 dividends should be divided by 3 to compare on a per-share basis
- 10-year CAGR (adjusted): approximately 9.2-9.6%
- 5-year CAGR (adjusted): approximately 6-7%
CAGR Summary (Post-Split Adjusted)
| Period | Dividend CAGR | Price CAGR | Total Return CAGR |
|---|---|---|---|
| 3-year | ~7% | ~6% | ~13% |
| 5-year | ~7% | ~8% | ~15% |
| 10-year | ~9.3% | ~9.2% | ~12-13% |
Comparison with Similar ETFs
| ETF | Yield | Div Growth (5yr) | Expense Ratio | Focus |
|---|---|---|---|---|
| SCHD | ~3.3% | ~7% | 0.06% | Quality dividend growth |
| VYM | ~2.8% | ~6% | 0.06% | High yield broad market |
| DGRO | ~2.3% | ~9% | 0.08% | Dividend growth |
| JEPI | ~8-9% | Variable | 0.35% | Covered call income |
| DIVO | ~4.5% | Variable | 0.55% | Covered call on blue chips |
SCHD’s combination of low expense ratio, consistent 9%+ 10-year dividend growth, and quality stock selection makes it a benchmark for dividend growth investing. VYM offers similar low cost with lower yield growth. JEPI offers higher current yield with less dividend growth and an options overlay.
Use the SCHD calculator to project how SCHD’s historical dividend growth rate translates to future income at your specific investment amount.