DGRO vs SCHD: Which Is the Better Dividend Stock?
As of Oct 17, 2026, SCHD (Schwab U.S. Dividend Equity ETF) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SCHD offers the higher yield at 3.07%, SCHD has the higher dividend-safety score, and SCHD looks like the better value (its fair-value estimate is 31% below its share price).
Key facts: DGRO vs SCHD
Data as of · Source: SmarterDividends data
- As of Oct 17, 2026, Schwab U.S. Dividend Equity ETF (SCHD) has the higher forward dividend yield at 3.07%, versus 1.89% for iShares Core Dividend Growth ETF (DGRO).
- As of Oct 17, 2026, SmarterDividends grades DGRO's dividend safety C (59/100) and SCHD's A (83/100).
- By SmarterDividends' count as of Oct 17, 2026, DGRO has raised its dividend for 11 consecutive years and SCHD for 14.
- As of Oct 17, 2026, DGRO's fair-value estimate is 65% below its share price and SCHD's fair-value estimate is 31% below its share price, so SCHD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DGRO vs SCHD: Dividend Yield, Safety & Value Compared," updated Oct 17, 2026, https://smarterdividends.com/compare/dgro-vs-schd
| Metric | DGRO | SCHD |
|---|---|---|
| Forward yield | 1.89% | 3.07% |
| Annual dividend | $1.49 | $1.06 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 14 yr |
| 5-yr dividend growth | 7.1% | 9.1% |
| 5-yr total return | 51% | 36% |
| Dividend safety score | 59 (C) | 83 (A) |
| Fair value estimate | $27.91 | $23.68 |
| Upside to fair value | -65% | -31% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 22.5 | 19.2 |
Higher yield
SCHD
3.07%
Safer dividend
SCHD
Grade A
Faster growth
SCHD
9.1%
Better value
SCHD
-31% upside
DGRO vs SCHD — FAQ
Is DGRO or SCHD a better dividend stock?
On the data, SCHD wins more head-to-head categories (5 vs 2). SCHD offers the higher yield (3.07%), while SCHD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DGRO or SCHD?
SCHD has the higher forward dividend yield at 3.07%, versus 1.89% for DGRO.
Is DGRO or SCHD safer?
SCHD has the higher dividend-safety score (83/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is DGRO or SCHD better value right now?
As of Oct 17, 2026, SCHD looks like the better value: its fair-value estimate is 31% below its share price (overvalued). For DGRO, its fair-value estimate is 65% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.