SmarterDividends

SCHD vs DGRO: 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%).

MetricSCHDDGRO
Forward yield3.20%1.93%
Annual dividend$1.05$1.48
Payout ratio
Years of growth14 yr11 yr
5-yr dividend growth9.1%7.1%
5-yr total return27%46%
Dividend safety score84 (A)89 (A)
Fair value estimate$21.33$26.21
Upside to fair value-35%-66%
Frequencyquarterlyquarterly
Market cap
P/E ratio18.923.4

Higher yield

SCHD

3.20%

Safer dividend

DGRO

Grade A

Faster growth

SCHD

9.1%

Better value

SCHD

-35% upside

SCHD vs DGRO — FAQ

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