The latest published SCHD dividend date in Schwab Asset Management’s distribution record is June 24, 2026: the fund went ex-dividend that day and paid $0.2525 per share on June 29, 2026. The next date must be confirmed on Schwab’s distribution page when it is declared; a past quarterly pattern is not a guarantee.
SCHD dividend date: the three dates that matter
| Date type | What it means | What an investor should do |
|---|---|---|
| Ex-dividend date | The first trading day when a new buyer generally does not receive the declared distribution | Own SCHD before this date if you want that distribution |
| Record date | The date the fund checks its shareholder records | Usually follows the ex-date under the current settlement framework |
| Payable date | The day the cash is scheduled to reach eligible shareholders’ accounts | Check your broker if cash is not visible immediately |
Investor.gov explains that buying on or after the ex-dividend date generally means the buyer will not receive that dividend. The SEC investor bulletin on ex-dividend dates is the best place to review the settlement details.
The most recent SCHD distribution record
Schwab’s official record lists these recent SCHD dates and per-share distributions:
| Ex-date | Record date | Payable date | Total distribution per share |
|---|---|---|---|
| 2026-06-24 | 2026-06-24 | 2026-06-29 | $0.2525 |
| 2026-03-25 | 2026-03-25 | 2026-03-30 | $0.2569 |
| 2025-12-10 | 2025-12-10 | 2025-12-15 | $0.2782 |
| 2025-09-24 | 2025-09-24 | 2025-09-29 | $0.2604 |
Source: Schwab Asset Management’s SCHD distribution table, accessed August 28, 2026. Dates and amounts can change when Schwab declares a new distribution.
Why the September amount may not look like the others
SCHD’s distribution is not a fixed coupon. The amount reflects income received by the fund and the index portfolio’s underlying dividends. A single quarter can be higher or lower than the previous quarter, so comparing only one SCHD dividend date or one payment is a poor way to judge the ETF.
What happens if you buy SCHD around the ex-date?
Imagine an investor buys 100 shares for $8,000 before the June 24, 2026 ex-date. At $0.2525 per share, the declared cash distribution would be $25.25 before tax.
| Holding | Distribution | Gross cash |
|---|---|---|
| 100 shares | 100 × $0.2525 | $25.25 |
| 500 shares | 500 × $0.2525 | $126.25 |
| 1,000 shares | 1,000 × $0.2525 | $252.50 |
This is an illustrative calculation, not a reader testimonial. The distribution is not free money: around the ex-date, the fund’s market price can adjust for the distribution, and the price can move for many other reasons. Taxes and reinvestment choices also change the result.
“I used to buy an ETF the afternoon before its ex-date because I thought I was collecting an extra payment. After tracking the share price and cash together, I realised the date was useful for planning, not for creating a risk-free return.”
That is the common detour: focusing on the calendar while ignoring total return and the fund’s underlying holdings. For a broader framework, compare this page with our SCHD dividend history guide and SCHD dividend yield analysis.
How to find the next SCHD dividend date
- Open Schwab’s official SCHD page and select the distribution history.
- Look for the newest declared ex-date, record date, payable date, and total distribution.
- Check the number of shares you held before the ex-date.
- Multiply shares by the per-share distribution to estimate gross cash.
- Reconcile the final amount with your broker’s 1099-DIV and account activity.
Use the Dividend Calculator when you want to model reinvestment, and browse the site’s dividend ETF history topic for related methods.
Questions investors ask about SCHD dividend dates
What is the next SCHD dividend date?
The next SCHD ex-dividend date is published by Schwab after the distribution is declared. Do not treat an estimated quarterly month as an official date.
Do I need to hold SCHD on the payable date?
Usually no. Eligibility is tied to the ex-dividend and record-date rules, not to buying on the day cash arrives. Confirm unusual transactions with your broker.
Can I buy SCHD on the ex-dividend date and still get paid?
Generally no. A purchase on the ex-dividend date normally does not qualify for that distribution, according to Investor.gov and the SEC.
Does SCHD pay monthly or quarterly?
SCHD pays quarterly. The exact dates and amounts are set by Schwab and can vary.
Is the SCHD dividend guaranteed?
No. ETF distributions can rise, fall, or change. The historical distribution table describes the past; it is not a promise.
Where can I see the official SCHD dividend history?
Use Schwab Asset Management’s SCHD page first. Third-party calendars can be useful for alerts, but the fund sponsor is the primary source for declared dates.
What to do next
The useful question is not simply “what is the SCHD dividend date?” It is whether the date, distribution size, tax treatment, and portfolio role fit your plan. Record the official date, estimate the gross cash, and then review the whole ETF through the SCHD overview and Dividend Strategies.
Last updated: 2026-08-28. This article is for informational and educational purposes only and does not constitute financial advice. Distributions are not guaranteed and past performance does not predict future results. Consult a qualified financial advisor before investing.
Facts, data sources, and calculations were personally verified by the author against Schwab Asset Management and SEC investor materials.