SCHD Dividend Calculator
Estimate the dividend income your SCHD (Schwab U.S. Dividend Equity ETF) position could generate — with or without reinvesting your payouts.
Annual dividend income over time
Estimates only. Assumes a constant share price and a steady dividend growth rate — real markets fluctuate, and SCHD’s yield and payout can rise or fall. This tool is for informational purposes and isn’t financial advice.
SCHD is one of the most widely held dividend ETFs among long-term investors, and for good reason: it tracks 100 U.S. companies chosen for consistent dividend payments and strong underlying financials, at a low annual cost. What it doesn’t tell you upfront is how much income your specific investment will actually produce, or how that income changes if you reinvest it year after year. That’s what the calculator above is for.
Enter how much you’re investing (or plan to), SCHD’s current share price and dividend yield, and how many years you want to hold. If you turn on reinvestment, the calculator assumes each dividend payout buys more shares, which then earn their own dividends the following quarter — the core idea behind dividend compounding. The result is an estimate of your income in year one, how it’s projected to grow, and what your position could be worth by the end of your timeframe.
Two numbers you’ll need to fill in yourself: SCHD’s current share price and its current dividend yield, both of which move with the market. You can find both on Schwab’s fund page or any major brokerage.
Frequently asked questions
How much does SCHD pay per share?
SCHD pays a quarterly dividend that adjusts over time based on the fund’s underlying holdings. Rather than a fixed dollar amount, it’s easier to think in terms of yield — the annual dividend as a percentage of share price — which has typically sat in the 3% to 4% range. Check Schwab’s official SCHD page for the current per-share payout before relying on any number for planning.
Is SCHD’s dividend yield fixed?
No. The yield moves with two things: the fund’s share price and the dividends its underlying companies choose to pay. If the share price drops while payouts stay the same, the yield rises, and vice versa. This calculator uses a fixed yield and growth rate to keep the math simple, but real results will vary quarter to quarter.
What does “reinvesting dividends” actually mean?
Instead of taking your quarterly dividend as cash, a dividend reinvestment plan (DRIP) automatically uses it to buy more shares of SCHD. Those new shares then earn dividends of their own the following quarter, which is what drives the accelerating growth curve you see in the calculator’s projection when reinvestment is turned on.
How much would $10,000 in SCHD earn per year?
At a 3.5% yield, a $10,000 investment would produce roughly $350 in the first year, or about $87.5 per quarter, before any reinvestment. Enter your own numbers into the calculator above for a figure based on SCHD’s current yield and price.
Does this calculator account for taxes?
No. Dividend income from SCHD is generally taxable in the year it’s paid, even if it’s reinvested, unless the shares are held in a tax-advantaged account like an IRA. Actual after-tax income will be lower than the figures shown here. Speak with a tax professional about how dividends are treated in your situation.
Is this financial advice?
No. This tool provides estimates based on the numbers you enter and simplifying assumptions about share price and dividend growth. It isn’t a recommendation to buy, hold, or sell SCHD or any other investment. Consider speaking with a licensed financial advisor before making investment decisions.