Schwab U.S. TIPS ETF
SCHPETF · ETF · monthly payer
Forward Yield
4.98%
Annual Dividend
$1.26
Payout Ratio
—
5-Yr Growth
5.4%
Ex-Date
—
Frequency
Monthly
Key facts about SCHP's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Schwab U.S. TIPS ETF (SCHP) has a forward dividend yield of 4.98%, based on an annual dividend of $1.26 per share and a share price of $25.27.
- As of Oct 15, 2026, SCHP's dividend safety grade from SmarterDividends is C (55 out of 100), which rates the dividend as borderline.
- SCHP last cut its regular dividend in 2024.
- SCHP's most recent ex-dividend date was Oct 1, 2026, for a dividend of $0.0560 per share.
- SCHP's dividend has grown at an average rate of 5.4% a year over the past five years.
- As of Oct 15, 2026, SCHP's 4.98% yield is 19% above its five-year average yield of 4.20%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for SCHP is $20.63 per share, 18% below the $25.27 share price, so SCHP screens as overvalued.
- Schwab U.S. TIPS ETF (SCHP) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "SCHP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/SCHP
Summary
As of Oct 15, 2026, Schwab U.S. TIPS ETF (SCHP) yields 4.98% ($1.26 a year per share) and has a dividend safety grade of C (55/100).
Is SCHP a good dividend stock?
MixedSchwab U.S. TIPS ETF (SCHP) pays a monthly dividend yielding 4.98% ($1.26/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 5.4% 5-yr dividend growth
Risks
- Cut its dividend in 2024
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.98%
- Payout Ratio
- —
- Annual Dividend
- $1.26
- 5-Yr Avg Growth
- 5.4%
- Ex-Dividend Date
- —
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -20%
- 52-Week Range
- $25.01 – $27.15
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Is SCHP a good dividend stock?
Mixed. Schwab U.S. TIPS ETF (SCHP) pays a monthly dividend yielding 4.98% ($1.26/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is SCHP undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SCHP's fair value is about $20.63 versus a $25.27 share price — so it looks overvalued (-18% vs. fair value).
Is SCHP's dividend safe?
SCHP has a dividend-safety grade of C (55/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2024, debt and yield-versus-history.
What is SCHP's fair value?
Our blended fair-value estimate for SCHP is about $20.63 per share, about 18% below the current $25.27 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SCHP a buy, hold, or sell?
We don't issue formal ratings, but on the data SCHP screens as "mixed" and overvalued. Schwab U.S. TIPS ETF (SCHP) pays a monthly dividend yielding 4.98% ($1.26/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will SCHP cut its dividend?
SCHP earns a dividend-safety grade of C (55/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SCHP pay a dividend?
Yes. Schwab U.S. TIPS ETF pays a monthly dividend of about $1.26 per share annually, a forward yield of roughly 4.98%.
What is SCHP's dividend yield?
As of Oct 15, 2026, SCHP's forward dividend yield is 4.98%, based on a $1.26 annual dividend and a $25.27 share price.
What is SCHP's dividend per share?
As of Oct 15, 2026, SCHP pays $1.26 per share per year, distributed on a monthly basis.
How many years has SCHP grown its dividend?
As of Oct 15, 2026, SCHP has increased its dividend for 1 consecutive years.
When is the next SCHP ex-dividend date?
As of Oct 15, 2026, SCHP's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.0560 per share.
SCHP Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+1%
5 Years
-20%
52-Week Range
$25.01 – $27.15
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SCHP worth?
Overvaluedlow confidenceOur blended fair-value estimate for Schwab U.S. TIPS ETF is $20.63 per share, versus a market price of $25.27. That implies 18% of downside.
Fair Value
$20.63
Current Price
$25.27
Downside
-18%
Margin of Safety
-22%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 4.0% growth for five years fading to 2.5% over the next five, $1.26 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SCHP Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full SCHP dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 1, 2026 | Oct 7, 2026 | $0.0560 | regular |
| Sep 1, 2026 | Sep 8, 2026 | $0.0770 | regular |
| Aug 3, 2026 | Aug 7, 2026 | $0.2160 | regular |
| Jul 1, 2026 | Jul 8, 2026 | $0.2210 | regular |
| Jun 1, 2026 | Jun 5, 2026 | $0.2030 | regular |
| May 1, 2026 | May 7, 2026 | $0.0960 | regular |
| Apr 1, 2026 | Apr 8, 2026 | $0.0270 | regular |
| Dec 19, 2025 | Dec 26, 2025 | $0.1770 | regular |
| Dec 1, 2025 | Dec 5, 2025 | $0.0930 | regular |
| Nov 3, 2025 | Nov 7, 2025 | $0.0920 | regular |
| Oct 1, 2025 | Oct 7, 2025 | $0.0800 | regular |
| Sep 2, 2025 | Sep 8, 2025 | $0.0990 | regular |
| Aug 1, 2025 | Aug 7, 2025 | $0.0880 | regular |
| Jul 1, 2025 | Jul 8, 2025 | $0.1050 | regular |
Income Calculator
At $1.26 / yr per share
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