Market dataIncome framework read
ETFs and Income FundsNYSEUnited States

SCHD

Schwab U.S. Dividend Equity ETF

Multi-Sector (ETF / Fund)ETF basketQuarterly

Market Snapshot

US$32.02

+US$0.13 (40.77%)

NYSEArca

Yield

N/A

Rate US$1.06

Next Payment

Next pay N/A

Ex-date N/A

52wk Position

86.69%

-2.73% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Quarterly income profile is visible

SCHD has an income profile aligned with its etfs and income funds role. Provider data shows 4 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

SCHD does not cover one full share per payment at the default 100-share test. Coverage is 0.8.

3

Main watch item

Editorial framework

Withholding and account placement matter

SCHD is U.S.-listed, so Canadian investors should compare RRSP, TFSA, and non-registered tax treatment before using the provider yield as spendable income.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Failed
Cash
US$25.70
APR
0.803
Coverage
0.803

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
US$25.70
Cushion
-US$6.32
Cushion %
-19.74%
Current US$32.02Break US$25.70

Smart Recommendation

SCHD is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Payout sustainability

Strong

1mo ago

DRIP availability

Available

1mo ago

Tax character

Foreign income

1mo ago

Distribution history

5–10 yr track

1mo ago

Structure complexity

Simple

1mo ago

Income trend

Growing

1mo ago

Account suitability

RRSP / RRIF optimal

1mo ago

Structure Overview

Schwab U.S. Dividend Equity ETF (SCHD) tracks a quality-dividend index of U.S. equities, combining dividend yield with dividend-growth and quality screens. SCHD pays quarterly distributions consisting of U.S.-source foreign dividends, with a strong total-return track record relative to its high-yield yield-only counterparts.

Canadian Planning Notes

  • 1SCHD distributions are U.S.-source foreign dividends; RRSP placement eliminates the 15% withholding tax under the Canada-U.S. treaty.
  • 2SCHD's quality screen produces a lower current yield than JEPI but a higher total return in most periods; compare the two on total return before choosing based on headline yield.
  • 3DRIP is generally available through Canadian brokers for U.S.-listed ETFs; confirm plan availability and any currency conversion mechanics with your institution.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

US$32.02

Previous close

US$31.89

Day range

US$31.79 - US$32.07

52wk range

US$26.16 - US$32.92

Market cap

N/A

Volume

19.7M

Avg volume

21.2M

Exchange

NYSEArca

Dividend and distribution

Forward rate

N/A

Trailing rate

US$1.06

Forward yield

N/A

Trailing yield

0.00%

Per payment

US$0.26

Cadence

Quarterly

Next ex-date

N/A

Next pay

N/A

Last dividend

US$0.26

Last dividend date

Mar 25, 2026

Performance

Daily change

US$0.13

Daily change %

40.77%

52wk position

86.69%

Below 52wk high

-2.73%

Above 52wk low

22.40%

Open

US$31.90

Earnings and financials

Trailing EPS

N/A

Forward EPS

N/A

Revenue

N/A

Revenue growth

N/A

Profit margin

N/A

Operating margin

N/A

Payout ratio

N/A

Free cash flow

N/A

Total cash

N/A

ROE

N/A

ROA

N/A

Debt/equity

N/A

Beta

N/A

Valuation

Trailing P/E

18.87

Forward P/E

N/A

Price/sales

N/A

Price/book

N/A

Enterprise value

N/A

EV/EBITDA

N/A

Analyst facts

Target mean

N/A

Target high

N/A

Target low

N/A

Recommendation mean

N/A

Recommendation key

N/A

Analysts

N/A

Canadian Context

Account placement

RRSP

Canada-U.S. treaty treatment can exempt U.S. dividends from withholding tax inside RRSP or RRIF accounts. TFSAs do not receive the same treaty treatment.

Non-registered: Foreign tax credit may be available for U.S. withholding tax.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Plan-only

Wealthsimple

Plan-only

RBC Direct Investing

Plan-only

TD Direct Investing

Plan-only

U.S.-listed holdings can have withholding tax differences by account type. RRSP treatment is often more favorable than TFSA treatment.

Run Your Numbers

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.