SmarterDividends

DVY vs SCHY: Which Is the Better Dividend Stock?

As of September 2026, DVY (iShares Select Dividend ETF) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. SCHY offers the higher yield at 3.40%, DVY has the higher dividend-safety score, and SCHY trades at the larger discount to fair value (-45%).

MetricDVYSCHY
Forward yield3.24%3.40%
Annual dividend$3.54$1.11
Payout ratio
Years of growth5 yr0 yr
5-yr dividend growth7.9%
5-yr total return42%31%
Dividend safety score76 (B)55 (C)
Fair value estimate$64.26$17.83
Upside to fair value-60%-45%
Frequencyquarterlyquarterly
Market cap
P/E ratio15.415.5

Higher yield

SCHY

3.40%

Safer dividend

DVY

Grade B

Faster growth

DVY

7.9%

Better value

SCHY

-45% upside

DVY vs SCHY — FAQ

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