SmarterDividends

DGRO vs SCHD: Which Is the Better Dividend Stock?

As of July 2026, SCHD (Schwab U.S. Dividend Equity ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. SCHD offers the higher yield at 3.20%, DGRO has the higher dividend-safety score, and SCHD trades at the larger discount to fair value (-35%).

MetricDGROSCHD
Forward yield1.93%3.20%
Annual dividend$1.48$1.05
Payout ratio
Years of growth11 yr14 yr
5-yr dividend growth7.1%9.1%
5-yr total return46%27%
Dividend safety score89 (A)84 (A)
Fair value estimate$26.21$21.33
Upside to fair value-66%-35%
Frequencyquarterlyquarterly
Market cap
P/E ratio23.418.9

Higher yield

SCHD

3.20%

Safer dividend

DGRO

Grade A

Faster growth

SCHD

9.1%

Better value

SCHD

-35% upside

DGRO vs SCHD — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.