SCHD's last four dividends are 2.94% of the Nov. 10 price

Schwab U.S. Dividend Equity ETF, SCHD, paid $1.0541 a share over its last four dividends. On the Nov. 10, 2026 close of $35.83, that cash is 2.94% of the price.

Schwab lists 3.24% for Sept. 30, 2026

As of Nov. 10, 2026, Schwab's product page lists a distribution yield of 3.24% for Sept. 30, 2026.

Schwab's definitions page says the 12-month distribution yield sums the trailing 12 months of income distributions and divides by the last month's ending net asset value, excluding any capital gains distributed. Net asset value is the fund's net assets per share.

Dividing the $1.0541 by the Sept. 30 close of $32.53 comes to 3.24%, matching the figure Schwab lists for that date.

The share price rose 10.1% from that close to the Nov. 10 close. The cash behind the 2.94% and the 3.24% is the same $1.0541. The latest of the four, $0.2665, was paid on Sept. 28, two days before the date on the 3.24%.

The page also lists a 30-day SEC yield of 3.09% as of Nov. 9. Schwab's definitions page says that figure represents the average daily dividends for the 30-day period, annualized, and divided by the net asset value per share at the end of the period.

The 2026 dividends are up 0.8%

SCHD pays quarterly. The $1.0541 runs from the dividend paid on Dec. 15, 2025 through the one paid on Sept. 28, 2026.

The three dividends paid in March, June and September 2026 totaled $0.7759, 0.8% above the $0.7694 paid in those months of 2025.

From the Dec. 31, 2025 close of $27.43 through Nov. 10, the share price rose 30.6%. The dividends paid this year did not keep pace with the share price.