When is the next SCHD ex-dividend date in 2026?

The Q4 2026 ex-dividend date has not been declared yet. Based on Schwab's recent pattern it should fall in early-to-mid December — the 2025 Q4 ex-date was Dec 10 with payment on Dec 15, and 2026's first three quarters all landed on the fourth Wednesday-ish of March, June and September. Watch for Schwab's declaration in late November or early December.

What were SCHD's exact 2026 dividend dates so far?

Q1: ex-dividend Mar 25, 2026, paid Mar 30 ($0.2569). Q2: ex-dividend Jun 24, paid Jun 29 ($0.2525). Q3: ex-dividend Sep 23, paid Sep 28 ($0.2665). The Q4 payment is expected in early-to-mid December.

Does SCHD pay monthly or quarterly dividends?

Quarterly. SCHD (the Schwab U.S. Dividend Equity ETF) pays four dividends a year, in March, June, September, and December. It is not a monthly payer, unlike some high-income ETFs.

What months does SCHD pay dividends?

March, June, September, and December. The exact ex-dividend and payment dates shift slightly each year, but the four-payments-per-year cadence in those months has been consistent.

How long after the ex-dividend date does SCHD pay?

Recently about 3 to 5 business days. In 2026 the gaps were Mar 25 → Mar 30, Jun 24 → Jun 29 and Sep 23 → Sep 28, and in 2025 Q4 Dec 10 → Dec 15. Older sources may say one to two weeks, but under the current schedule the cash typically arrives the following week.

How do I make sure I receive the next SCHD dividend?

Buy shares before the ex-dividend date and hold through that date. If you own the shares at the start of the ex-dividend day you receive the payment; if you buy on or after the ex-dividend date, the seller receives it. The payment arrives a few business days later.

How much does SCHD pay per share?

The per-share dividend changes every quarter. The four payments over the past year totaled about $1.05 per share, for a yield around 3%. The exact amount is set each quarter, so confirm the current figure on the official Schwab fund page.

Are SCHD dividend dates the same every year?

The months are consistent (March, June, September, December), but the exact dates move a few days each year and are only final when Schwab declares them. Always check the declared ex-dividend and payment dates for the specific quarter before trading around them.

By the Dividend Payout Calculator editorial team · 2026-08-06 · How we calculate

SCHD Dividend Calendar 2026: Ex-Dividend and Pay Dates

Upcoming SCHD distribution

Next projected ex-dividend date: ~Dec 23, 2026 (about 52 days after Nov 1, 2026) — projected from the quarterly cadence, not yet declared.
Recent actual distributions (per share): Sep 23, 2026 · $0.267 / Jun 24, 2026 · $0.253 / Mar 25, 2026 · $0.257
Trailing 12-month distribution yield: ~3.0% (at a recent price of $35.78)
Payments typically land within about a week of the ex-dividend date — confirm exact dates and amounts on the official fund page.

Data as of Nov 1, 2026 · source: Yahoo chart?events=div · projected from historical cadence, confirm on the official fund page.

SCHD (the Schwab U.S. Dividend Equity ETF) pays dividends quarterly, in March, June, September, and December. It is not a monthly payer. Three of the four 2026 payments have already been declared and made — ex-dividend dates of Mar 25, Jun 24 and Sep 23, with cash landing on Mar 30, Jun 29 and Sep 28. The remaining Q4 dividend is expected in early-to-mid December and becomes official when Schwab declares it.

SCHD dividend calendar 2026: exact dates

Quarter	Ex-dividend date	Payment date	Amount/share	Status
Q1 2026	Mar 25, 2026	Mar 30, 2026	$0.2569	Paid
Q2 2026	Jun 24, 2026	Jun 29, 2026	$0.2525	Paid
Q3 2026	Sep 23, 2026	Sep 28, 2026	$0.2665	Paid
Q4 2026	~Dec 9–11, 2026 (expected)	~Dec 14–16, 2026 (expected)	TBD	Not yet declared

The record date has been the same as the ex-dividend date in every recent quarter — normal since the US moved to T+1 settlement, because record and ex dates now coincide for most ETFs. The date that matters for buyers is the ex-dividend date.

Why the Q4 date is expected in early-to-mid December

The Q4 line above is a projection, not a declaration. The main anchor is 2025, when the Q4 ex-date fell on Dec 10 with payment on Dec 15 — roughly 11 weeks after the September payment rather than a full 13-week quarter. That shorter Q3→Q4 gap is a consistent SCHD pattern, pushing the Q4 ex-date into the first half of December. Schwab typically declares the Q4 distribution in late November or early December. When in doubt, confirm on the official Schwab fund page before trading around the date.

2025 reference calendar

Quarter	Ex-dividend date	Payment date	Amount/share
Q1 2025	Mar 26, 2025	Mar 31, 2025	$0.2488
Q2 2025	Jun 25, 2025	Jun 30, 2025	$0.2602
Q3 2025	Sep 24, 2025	Sep 29, 2025	$0.2604
Q4 2025	Dec 10, 2025	Dec 15, 2025	$0.2782

How the dividend cycle works

Declaration date: Schwab announces the amount and the key dates.
Ex-dividend date: the cutoff. Buy before this date to receive the dividend; buy on or after it and the seller keeps the payment.
Record date: when Schwab checks who owns the shares — currently the same day as the ex-dividend date.
Payment date: the cash lands in your brokerage account, recently 3–5 business days after the ex-dividend date.

For SCHD, the date that matters for your trading is the ex-dividend date; the record and payment dates follow automatically.

How much does SCHD pay?

The per-share dividend changes every quarter. The four most recent payments (Dec 2025 through Sep 2026) totaled about $1.05 per share, for a yield around 3%, but the exact amount is set each quarter and the yield moves with the share price. Estimate the current return with the SCHD dividend calculator.

How to confirm the exact Q4 2026 dates

Open the official Schwab fund page for SCHD and check the “Distributions” section.
Watch for the declaration announcement in late November or early December 2026.
In your brokerage, the ex-dividend and payment dates appear under the corporate-action details for your position.

Dates published before the official declaration are estimates. Always confirm the declared dates for the quarter you care about before trading around a dividend.

Dividend dates and amounts can change and are not official until declared. This page is information, not financial or tax advice. Last reviewed Nov 6, 2026, covering all distributions declared through that date.

Want to model how reinvested SCHD dividends could grow? Try the DRIP calculator, compare with a monthly payer on the monthly dividend calculator, or read what makes a good dividend yield.

See all four funds side by side — live next ex-dividend dates for SCHD, QQQI, JEPI and JEPQ — on the 2026 dividend calendar.

Frequently asked questions

Try the dividend calculator or browse all dividend articles. Educational only — not financial advice.