SmarterDividends

SCHD vs TSPY: Which Is the Better Dividend Stock?

As of September 2026, TSPY (TappAlpha SPY Growth & Daily Income ETF) screens as the stronger dividend stock, winning 2 of 3 head-to-head metrics. TSPY offers the higher yield at 13.88%, SCHD has the higher dividend-safety score.

MetricSCHDTSPY
Forward yield3.11%13.88%
Annual dividend$1.05$3.57
Payout ratio
Years of growth14 yr1 yr
5-yr dividend growth9.1%
5-yr total return30%
Dividend safety score84 (A)
Fair value estimate$21.33
Upside to fair value-37%
Frequencyquarterlymonthly
Market cap
P/E ratio18.624.7

Higher yield

TSPY

13.88%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

SCHD vs TSPY — FAQ

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