How much does a schd pay per dividend?
SCHD Offers an Attractive Yield
What was SCHD's latest dividend distribution? SCHD's latest dividend distribution was 0.2645 for Q4 2024 with an ex-dividend date of 12/11/2024 and a pay date of 12/16/2024.
Both feature strong track records of consistently paying and growing their dividends and above-average dividend yields, but with little separating these two ETFs, SCHD's superior yield of 3.4% (versus VYM's 2.8%) makes it the better choice for dividend investors at this point in time.
Companies with dividend payout ratios between 40% and 60% suggest they have dividends that are both sustainable and have room to grow.
So, while an investment of about $35,700 would get you $1,000 in annual dividend income today, that income stream could be significantly higher five, 10, or 20 years from now.
Symbol | Name | Dividend Yield |
---|---|---|
PYPY | YieldMax PYPL Option Income Strategy ETF | 46.27% |
OARK | YieldMax Innovation Option Income Strategy ETF | 44.98% |
YMAX | YieldMax Universe Fund of Option Income ETFs | 44.82% |
BITC | Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF | 42.57% |
Average Price Target
Based on 101 Wall Street analysts offering 12 month price targets to SCHD holdings in the last 3 months. The average price target is $31.69 with a high forecast of $37.44 and a low forecast of $26.30. The average price target represents a 16.00% change from the last price of $27.32.
If the goal is to get to $50,000 in annual dividends, then you'll need to aim for a portfolio worth more than $1 million, which would mean you need to collect a yield of approximately 5% to earn that level of dividend income.
According to David Blanchett, managing director and head of retirement research at PGIM DC Solutions, 61% of financial advisors use the 4% withdrawal rule. According to this rule, retirees should withdraw 4% of their savings each year, adjusted for inflation, and should not run out of money in 30 years.
What Is a Good Dividend Payout Ratio? Determining a “good” dividend payout ratio depends on factors such as the industry, the company's growth stage and an investor's financial goals. For most companies, a ratio between 30% and 50% is considered optimal.
How much do I need to invest to make $3000 a month in dividends?
If the average dividend yield of your portfolio is 4%, you'd need a substantial investment to generate $3,000 per month. To be precise, you'd need an investment of $900,000.
Top 10 Dividend Stocks By Forward Dividend Yield | ||
---|---|---|
ECO | Okeanis Eco Tankers Corp. | Transportation |
VALE | VALE S.A. | Non-energy Minerals |
SBLK | Star Bulk Carriers Corp. | Transportation |
SITC | SITE Centers Corp. | Finance |

Making $4,000 a month based on your investments alone is not a small feat. For example, if you have an investment or combination of investments with a 9.5% yield, you would have to invest $500,000 or more potentially. This is a high amount, but could almost guarantee you a $4,000 monthly dividend income.
VOO is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.06% for SCHD. VOO is up 27.79% year-to-date (YTD) with +$105.04B in YTD flows. SCHD performs worse with 19.19% YTD performance, and +$6.90B in YTD flows.
SCHD has an annual dividend of $0.99 per share, with a yield of 3.68%. The dividend is paid every three months and the last ex-dividend date was Dec 11, 2024.
As noted above, some of SCHD's underperformance versus the S&P 500 is due to the dominant performance of large-cap tech stocks, companies that don't generally pay attractive dividends. SCHD stock could be serve a valuable purpose in an investor's portfolio, by delivering strong dividend income and lower volatility.
Summary. Schwab U.S. Dividend Equity ETF is a reliable investment, with average annual returns approaching 14% annually since 2011. I recommended SCHD in September due to its attractive value for dividend investors; despite recent drops, it remains a strong investment solution for investors who want to generate income.
Rank | Symbol | Fund Name |
---|---|---|
1 | SPY | SPDR S&P 500 ETF Trust |
2 | IVV | iShares Core S&P 500 ETF |
3 | VOO | Vanguard S&P 500 ETF |
4 | VTI | Vanguard Total Stock Market ETF |
The Energy Select Sector SPDR® Fund ETF (NYSEARCA:XLE) has returned nearly 300% since that time. This is not only because fears over the COVID-19 outbreak and economic lockdowns were overblown, but also because Russia invaded Ukraine in early 2022, which, as a major energy exporter, jolted energy prices higher.
Description | Cumulative Returns (%) | Annualized Returns (%) |
---|---|---|
1 Month | 10 Year | |
SCHD NAV | -6.59 | +11.03 |
Large Value (Morningstar Category) | -5.85 | +9.39 |
Dow Jones U.S. Dividend 100 Index (Index) | -6.59 | +11.13 |
Is SCHD splitting?
Recently, Schwab Asset Management announced a 3-for-1 stock split for 20 of their ETFs, including the well-known Schwab U.S. Dividend Equity ETF (SCHD).
Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a $1 million index fund could provide $100,000 annually.
Each stock you invest in should take up, at most, 3.33% of your portfolio. “If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1,000 per month.”
Dividend King | Sector | Dividend Increase Streak |
---|---|---|
Coca-Cola (NYSE:KO) | Consumer Goods | 62 |
Johnson & Johnson (NYSE:JNJ) | Healthcare | 62 |
Kenvue (NYSE:KVUE) | Consumer Goods | 61 |
Lancaster Colony (NASDAQ:LANC) | Consumer Goods | 61 |
Just 16% of retirees say they have more than $1 million saved, including all personal savings and assets, according to the recent CNBC Your Money retirement survey conducted with SurveyMonkey. In fact, among those currently saving for retirement, 57% say the amount they're hoping to save is less than $1 million.