The Schwab U.S. Dividend Equity ETF (SCHD), which tracks high-dividend U.S. stocks in the Dow Jones U.S. Dividend 100 Index, lost 0.23% in pre-market trading on Thursday.
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Overall, SCHD has gained 0.20% over the past five days and 10.08% over the past year, supported by steady dividend income and its focus on mature companies with stable cash flows.
SCHD’s Price Forecasts and Holdings
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, SCHD is a Moderate Buy. The Street’s average price target of $34.95 implies an upside of 14.57%.
Currently, SCHD’s five holdings with the highest upside potential are:
- Ares Management (ARES)
- Insperity (NSP)
- Fidelity National Financial (FNF)
- Nexstar Media Group (NXST)
- Broadridge Financial Solutions (BR)
Meanwhile, its five holdings with the greatest downside potential are:
- APA Corp. (APA)
- Archer Daniels Midland (ADM)
- Murphy Oil (MUR)
- Old Republic International (ORI)
- Oxford Industries (OXM)
Revealingly, SCHD ETF’s Smart Score is seven, implying that this ETF will likely perform in line with the market.
Does SCHD Pay Dividends?
Yes, SCHD pays dividends on a quarterly basis, using the cash income generated by its underlying holdings. In fact, the ETF is a dividend specialist, meaning it only owns companies with at least 10 years of consistent payments. The fund currently offers a yield of about 3.46%, compared with roughly 1.18% for the Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 (SPX).