SmarterDividends

JEPI vs SCHD: Which Is the Better Dividend Stock?

As of Nov 2, 2026, SCHD (Schwab U.S. Dividend Equity ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. JEPI offers the higher yield at 7.93%, SCHD has the higher dividend-safety score, and JEPI looks like the better value (its fair-value estimate is 30% above its share price).

Key facts: JEPI vs SCHD

Data as of · Source: SmarterDividends data

  • As of Nov 2, 2026, JPMorgan Equity Premium Income ETF (JEPI) has the higher forward dividend yield at 7.93%, versus 2.95% for Schwab U.S. Dividend Equity ETF (SCHD).
  • As of Nov 2, 2026, SmarterDividends grades JEPI's dividend safety C (62/100) and SCHD's A (83/100).
  • By SmarterDividends' count as of Nov 2, 2026, JEPI has raised its dividend for 1 consecutive years and SCHD for 14.
  • As of Nov 2, 2026, JEPI's fair-value estimate is 30% above its share price and SCHD's fair-value estimate is 34% below its share price, so JEPI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "JEPI vs SCHD: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/jepi-vs-schd

MetricJEPISCHD
Forward yield7.93%2.95%
Annual dividend$4.56$1.06
Payout ratio——
Years of growth1 yr14 yr
5-yr dividend growth-3.1%9.1%
5-yr total return-5%41%
Dividend safety score62 (C)83 (A)
Fair value estimate$74.84$23.68
Upside to fair value+30%-34%
Frequencymonthlyquarterly
Market cap——
P/E ratio25.020.0

Higher yield

JEPI

7.93%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

Better value

JEPI

+30% upside

JEPI vs SCHD — FAQ

Is JEPI or SCHD a better dividend stock?

On the data, SCHD wins more head-to-head categories (4 vs 3). JEPI offers the higher yield (7.93%), 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, JEPI or SCHD?

JEPI has the higher forward dividend yield at 7.93%, versus 2.95% for SCHD.

Is JEPI or SCHD safer?

SCHD has the higher dividend-safety score (83/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is JEPI or SCHD better value right now?

As of Nov 2, 2026, JEPI looks like the better value: its fair-value estimate is 30% above its share price (undervalued). For SCHD, its fair-value estimate is 34% below its share price.

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