Does schd pay out dividends every month?

SCHD pays a dividend quarterly, not monthly. The dividend frequency for SCHD is specified as follows:

1. **Quarterly Dividends**: SCHD distributes dividends on a quarterly basis, meaning you can expect to receive dividends every three months.
2. **Specific Dates**: The most recent dividend announcement for SCHD was made on September 25, 2024, which declares a dividend of $0.7545 per share. The dividend payment date is set for September 30, 2024, with the ex-dividend date being September 25, 2024.

Given this information, it is clear that SCHD does not pay dividends monthly, but rather on a quarterly schedule.