The Schwab U.S. Dividend Equity ETF Is Near Its All-Time High: Is It Still a Good Buy?

Key Points The Schwab U.S. Dividend Equity ETF provides investors with access to quality dividend stocks and pays 3%, which is above average. The fund is currently averaging a price-to-earnings multiple of less than 20, which remains below the S&P 500 average of 23. 10 stocks we like better than Schwab U.S. Dividend Equity ETF › The Schwab U.S. Dividend Equity ETF (NYSEMKT:SCHD) is a go-to option for dividend investors, and rightfully so. The exchange-traded fund (ETF) has a solid mix of around 100 dividend stocks that are vetted for safety and quality. That makes the ETF an ideal option for income investors who want a high yield, without much risk. Currently, it's yielding 3%, which is far higher than the S&P 500 average of 1.1%.