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SCHD Dividend Calculator
Estimate how much dividend income an SCHD holding could pay per year, per quarter and on average per month — after withholding tax, if it applies to you.
Calculate your SCHD dividend income
How to use this calculator
- Enter either the amount you plan to invest or the number of shares you already own.
- Enter the current share price and the annual dividend per share. Divide the annual dividend by the price to check the yield makes sense.
- If withholding tax is deducted from your dividends, enter that percentage. US investors who receive dividends directly usually enter 0 here and handle tax on their tax return instead.
- Read the quarterly figure as the actual payment rhythm, and the monthly figure as a budgeting average.
The formula
Annual income = shares × annual dividend per share × (1 − withholding tax rate). Shares are estimated as investment amount ÷ share price when you enter an amount instead of a share count. Dividend yield = annual dividend per share ÷ share price.
Worked example
An investor holds 1,000 shares and the fund pays $0.98 per share over a year. Gross income is 1,000 × $0.98 = $980 per year. At a 10% withholding rate, $98 is withheld and $882 arrives. Payments land quarterly, so a typical quarter is about $245 before tax. Spread evenly, that is about $81.67 per month before tax — the number to use for a monthly budget, while remembering the cash actually arrives four times a year.
What this calculator does not do
It does not predict dividend growth, price changes or exchange-rate movements, and it does not account for brokerage fees or local taxes in your country of residence. For a projection that includes dividend growth and reinvestment, use our DRIP calculator. To work backwards from an income target, use the dividend income goal calculator. Background reading: how SCHD dividends work and the withholding tax guide.
Frequently asked questions
How often does SCHD pay dividends?
SCHD pays dividends four times a year, usually in March, June, September and December. This calculator shows the annual total and an average monthly figure, which is useful for budgeting but is not a monthly payment.
What dividend per share should I enter?
Enter the most recent annual dividend per share published by the fund provider, or the trailing twelve-month total of the last four quarterly payments. The default value on this page is an example only and may be out of date.
Does this calculator include withholding tax?
Yes, if you enter a withholding tax rate. Many non-US investors have US dividend withholding applied before they receive the payment, commonly 30% by default or a lower treaty rate. Enter the rate that actually applies to you.
Is the monthly figure a real monthly income?
No. SCHD pays quarterly, so the monthly figure is the annual income divided by 12. If you budget monthly, you need to spread each quarterly payment across three months yourself.
Are the results guaranteed?
No. Dividends can rise, fall or be cut, and share prices change daily. Results are arithmetic based on your inputs, not a forecast or a recommendation.