SmarterDividends

SCHD vs SGOV: Which Is the Better Dividend Stock?

As of September 2026, SGOV (iShares 0-3 Month Treasury Bond ETF) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. SGOV offers the higher yield at 3.69%, SCHD has the higher dividend-safety score.

MetricSCHDSGOV
Forward yield3.18%3.69%
Annual dividend$1.06$3.71
Payout ratio——
Years of growth14 yr0 yr
5-yr dividend growth9.1%127.2%
5-yr total return30%—
Dividend safety score84 (A)—
Fair value estimate$21.33—
Upside to fair value-37%—
Frequencyquarterlymonthly
Market cap——
P/E ratio18.3—

Higher yield

SGOV

3.69%

Safer dividend

SCHD

Grade A

Faster growth

SGOV

127.2%

SCHD vs SGOV — FAQ

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