Schwab Mortgage-Backed Securities ETF (SMBS) Dividend History
SMBS latest distribution
Paid. Next monthly distribution expected around November 1 (not yet announced).
- 5.36%trailing 12-month yield
- $1.31paid in the last 12 months
- Monthly12 payments a year
- 2024paying since
SMBS dividend income calculator
- Income a year
- $131
- Each payment
- $11
- Value of the shares
- $2,442
- Yield
- 5.36%
At the latest close; trailing 12-month distributions of $1.31 per share, before tax.
SMBS distribution payments
Each bar is one payment, by ex-dividend month (last 22 payments).
SMBS distributions by year
| Year | Per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2026to date | $0.9850 | — | — | 9 |
| 2025 | $1.24 | +891.2% | 4.83% | 12 |
| 2024partial | $0.1250 | — | 0.50% | 1 |
Full history in the distribution table below.
SMBS yield on cost
| Bought | Paid | Yield on cost | Paid out since | % of price |
|---|---|---|---|---|
| 1 year ago | $25.88 | 5.06% | $1.31 | 5.1% |
Trailing 12-month distributions as a yield on the price paid then, and the distributions one share has paid since (before tax).
SMBS yield vs similar ETFs
| ETF | Fund | Yield | Expense ratio |
|---|---|---|---|
| SMBS | Schwab Mortgage-Backed Securities ETF | 5.68% | 0.03% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 4.30% | 0.03% |
| BND | Vanguard Total Bond Market ETF | 4.17% | 0.03% |
| SCHZ | Schwab U.S. Aggregate Bond ETF | 4.44% | 0.02% |
| IUSB | iShares Core Total USD Bond Market ETF | 4.44% | 0.05% |
| GOVT | iShares U.S. Treasury Bond ETF | 3.67% | 0.05% |
| VGIT | Vanguard Intermediate-Term Treasury ETF | 4.06% | 0.04% |
| IEF | iShares 7-10 Year Treasury Bond ETF | 4.18% | 0.14% |
| SHY | iShares 1-3 Year Treasury Bond ETF | 3.64% | 0.15% |
Trailing 12-month distribution yield as reported by EODHD.
SMBS distribution history
22 payments| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2026-10-01 | 2026-10-01 | 2026-10-07 | $0.1130 | +7.6% |
| 2026-09-01 | 2026-09-01 | 2026-09-08 | $0.1050 | −9.5% |
| 2026-08-03 | 2026-08-03 | 2026-08-07 | $0.1160 | +6.4% |
| 2026-07-01 | 2026-07-01 | 2026-07-08 | $0.1090 | −0.9% |
| 2026-06-01 | 2026-06-01 | 2026-06-05 | $0.1100 | +0.9% |
| 2026-05-01 | 2026-05-01 | 2026-05-07 | $0.1090 | +5.8% |
| 2026-04-01 | 2026-04-01 | 2026-04-08 | $0.1030 | −3.7% |
| 2026-03-02 | 2026-03-02 | 2026-03-06 | $0.1070 | −5.3% |
| 2026-02-02 | 2026-02-02 | 2026-02-06 | $0.1130 | +7.6% |
| 2025-12-19 | 2025-12-19 | 2025-12-26 | $0.1050 | +1.0% |
| 2025-12-01 | 2025-12-01 | 2025-12-05 | $0.1040 | −9.6% |
| 2025-11-03 | 2025-11-03 | 2025-11-07 | $0.1150 | +6.5% |
Show all 22 distributions
| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2025-10-01 | 2025-10-01 | 2025-10-07 | $0.1080 | −0.9% |
| 2025-09-02 | 2025-09-02 | 2025-09-08 | $0.1090 | −6.8% |
| 2025-08-01 | 2025-08-01 | 2025-08-07 | $0.1170 | +8.3% |
| 2025-07-01 | 2025-07-01 | 2025-07-08 | $0.1080 | −3.6% |
| 2025-06-02 | 2025-06-02 | 2025-06-06 | $0.1120 | +314.8% |
| 2025-05-01 | 2025-05-01 | 2025-05-07 | $0.0270 | −73.5% |
| 2025-04-01 | 2025-04-01 | 2025-04-07 | $0.1020 | +1.0% |
| 2025-03-03 | 2025-03-03 | 2025-03-07 | $0.1010 | −22.9% |
| 2025-02-03 | 2025-02-03 | 2025-02-07 | $0.1310 | +4.8% |
| 2024-12-20 | 2024-12-20 | 2024-12-27 | $0.1250 | — |
Amounts per share. Highlighted rows are declared but not yet paid.
SMBS dividend overview
Schwab Mortgage-Backed Securities ETF pays monthly distributions made up of interest from the bonds it holds, less fund expenses. Over the past 12 months it paid $1.31 per share, a yield of 5.36% at the latest close of $24.42. In 2025 it paid $1.24 per share, up 891.2% from 2024.
The distribution yield looks back at income already paid. The yield to maturity of the bonds the fund holds today is 6.23%, which indicates what the portfolio earns from here if rates stay where they are; see the SMBS bond profile.
Related: SMBS chart, SMBS performance, SMBS bond profile, SMBS overview.
SMBS dividends FAQ
Does SMBS pay a dividend?
Yes. SMBS pays monthly distributions and has paid them since 2024. The most recent was $0.1130 per share with an ex-dividend date of October 1, 2026, payable October 7, 2026.
What is the SMBS dividend yield?
SMBS paid $1.31 per share over the past 12 months, a trailing yield of 5.36% at the latest close of $24.42.
When is the next SMBS dividend?
The next monthly distribution has not been announced yet. Based on the usual schedule the next ex-dividend date should fall around November 1, 2026.
How often does SMBS pay dividends?
SMBS pays distributions monthly, 12 times a year.
How much did SMBS pay in dividends in 2025?
SMBS paid $1.24 per share in 12 distributions in 2025.
How much income does 100 shares of SMBS pay?
100 shares of SMBS would have paid about $131 over the past 12 months, before tax.