SCHY Dividend: Next Ex-Date, History & Total Return

SCHY, the Schwab International Dividend Equity ETF, aims to track as closely as possible, before fees and expenses, the total return of an index composed of high dividend yielding stocks issued by companies outside the United States. To pursue that goal, the fund generally invests in stocks included in the Dow Jones International Dividend 100 Index. The index is designed to measure the performance of high dividend yielding stocks issued by companies in developed and emerging countries outside the United States, as defined by the index provider.¹

Under normal circumstances, SCHY's policy is to invest at least 80% of its net assets, including any borrowings for investment purposes, in stocks included in the index. That includes depositary receipts representing securities of the index, which may take the form of American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and European Depositary Receipts (EDRs).¹

Because it may not be possible or practicable to purchase all of the stocks in the index, the adviser seeks to track the index's total return using sampling techniques. That means investing in a limited number of index securities which, taken together, are expected to perform similarly to the index as a whole.¹

Every stock eligible for SCHY's index must have sustained at least 10 consecutive years of dividend payments, have a minimum float-adjusted market capitalization of $500 million USD initially ($400 million USD for stocks already in the index at reconstitution) and meet minimum liquidity criteria. The index is derived from the constituents of the Dow Jones Global ex-U.S. Large-Cap Index and Dow Jones Global ex-U.S. Mid-Cap Index, excluding real estate investment trusts (REITs).¹

Eligible stocks are ranked based on four fundamental characteristics (cash flow to total debt, return on equity, indicated dividend yield and 5-year dividend growth rate) to select the top 400 highest ranked securities by composite score. A volatility screen is then applied to those 400 securities to filter out the 200 most volatile. Only the 100 top-ranked securities by the composite score passing the volatility screen are then selected to the index, subject to buffer rules that favor current constituents during the annual review.¹

The index is modified market capitalization weighted. No single stock can represent more than 4.0% of it, no single sector, as defined by the index provider, more than 15%, and stocks from countries the index provider identifies as emerging markets no more than 15%, as measured at the time of index construction, reconstitution and rebalance. The composition is reviewed annually and rebalanced quarterly.¹

Schwab's fact sheet lists SCHY's distribution frequency as quarterly. Dividend Stacker's record of past payments, with per-share amounts adjusted for any share splits or reverse splits, shows 4 distributions in each of 2024 and 2025, after 2 in each of 2022 and 2023.^2,3

The annual total was $0.823 per share in 2022, rose 18.8% to $0.9774 in 2023, rose 9.7% to $1.07 in 2024, then slipped 1.3% to $1.06 in 2025. The two 2023 distributions were $0.29 and $0.6874 per share, while the four in 2025 ranged from $0.1402 to $0.3486.³

SCHY primarily invests in dividend paying stocks, so its performance will correlate with the dividend paying stock segment of the stock market, and it may underperform funds that do not limit their investments to dividend paying stocks. If stocks held by the fund reduce or stop paying dividends, the fund's ability to generate income may be affected.¹

SCHY's investments in securities of foreign issuers involve certain risks that may be greater than those of U.S. issuers, including adverse changes in foreign economic, political, regulatory and other conditions, and higher transaction costs. The fund does not hedge its exposure to foreign currencies, and the prospectus notes the risk that investments denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar.¹

The prospectus lists emerging markets risk for SCHY. Emerging market countries may be more likely to experience political turmoil or rapid changes in market or economic conditions than more developed countries. They often have less uniformity in accounting, auditing, financial reporting and recordkeeping requirements and greater risk associated with the custody of securities.¹

As an index fund, SCHY follows the securities included in the index during upturns as well as downturns, and because of its indexing strategy it does not take steps to reduce market exposure or to lessen the effects of a declining market. The prospectus says there can be no guarantee of a high degree of correlation with the index, and that tracking error can be caused by many factors and may be significant.¹