SCHD Seen Reaching $90 by 2035 as Yield on Cost Tops 8%

2 articles · Updated · Yahoo Finance · Aug 23

$35 SCHD could approach $90 a share by the end of 2035, with yield on cost rising from 3.1% to more than 8% if its historical growth rates hold.
13.4% annualized total returns since 2011 and 11.2% compound dividend growth since 2017 underpin that projection, with the annual payout modeled to climb from $1.05 to above $2.90 per share.
The outlook depends on SCHD sustaining roughly 10% annual price gains and double-digit dividend growth, even though its current 100-stock portfolio has posted a slower 9.4% five-year dividend growth rate.
That gap is the main caveat: if dividend growth cools further, the fund would likely miss the projected 2035 income and price targets despite its long record of favoring high-yield companies with above-average growth.