Updated June 20, 2026
Want to model reinvestment?
The Dividend Reinvestment Calculator shows what your SCHD position looks like if you put each quarterly payment back into more shares.
What is SCHD?
SCHD is the ticker for the Schwab US Dividend Equity ETF. It tracks the Dow Jones US Dividend 100 Index, which selects 100 large US companies that have paid dividends for at least 10 consecutive years and score well on four fundamental screens: cash flow to total debt, return on equity, dividend yield, and 5-year dividend growth rate.
SCHD yield and what drives it
SCHD's trailing twelve-month yield has generally run in the 3 to 4 percent range, with the specific figure moving as the share price changes relative to distributions. A drop in share price raises the quoted yield even if no distribution change has occurred. Always verify the current yield from Schwab's fund page or your brokerage before using it in any projection.
SCHD's dividend growth history
Since launching in 2011, SCHD has raised its annual per-share distribution in most years. The 5-year compound annual growth rate of the distribution has historically run in the 8 to 12 percent range across different measurement windows. That growth rate is what attracts long-horizon income investors: a position purchased at a modest yield today can deliver a much higher yield on cost after a decade of compounding distributions. The default 8 percent in this calculator is on the conservative end of the observed historical range; lower it to stress-test the projection.
How many shares of SCHD to make $1,000 a month
At a 3.5 percent yield and a share price around $28, you need roughly 4,115 shares, which represents about $115,200 invested, to generate $12,000 per year or $1,000 per month in dividends. The calculator shows this number live in the results panel. Adjust the yield or price inputs to match current market data and the required share count updates instantly.
Model broader portfolio growth
The Investment Calculator adds monthly contributions to any starting amount with a chosen return rate, useful for projecting how you build toward your SCHD target.
This tool is informational and educational. It is not financial or investment advice and is not affiliated with or endorsed by Charles Schwab Corporation. SCHD is a registered trademark of Charles Schwab. Dividends are not guaranteed. Past distributions are not a guarantee of future payments. Investing involves risk including possible loss of principal.
A reformed credit analyst, Jessica Martinez turns dense financial paperwork into something you can actually use. She writes the explainers behind these calculators and checks every formula against a primary source before it ships.