SmarterDividends

SCHD vs SPYD: Which Is the Better Dividend Stock?

As of September 2026, SCHD and SPYD are closely matched. SPYD offers the higher yield at 4.45%, SCHD has the higher dividend-safety score.

MetricSCHDSPYD
Forward yield3.18%4.45%
Annual dividend$1.06$2.06
Payout ratio——
Years of growth14 yr2 yr
5-yr dividend growth9.1%7.4%
5-yr total return30%—
Dividend safety score84 (A)—
Fair value estimate$21.33—
Upside to fair value-37%—
Frequencyquarterlyquarterly
Market cap——
P/E ratio18.315.9

Higher yield

SPYD

4.45%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

SCHD vs SPYD — FAQ

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