SMBS is Schwab ETFs's Schwab Mortgage-Backed Securities ETF (Government Mortgage-Backed Bond). Trading at $24.84. Current dividend yield: 5.26%.
Dividend snapshot
| Annual dividend rate | $1.30 |
| Current yield | 5.26% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 01, 2026(2 days ago) |
| Most recent payment date | Aug 07, 2026 |
| Last payment amount | $0.1163 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | — |
| Expense ratio | 0.03% |
| Payout ratio | 0% |
| Market cap | $6.32B |
| Exchange | ARCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-09-01 | $0.1045 |
| 2026-08-03 | $0.1163 |
| 2026-07-01 | $0.1090 |
| 2026-06-01 | $0.1100 |
| 2026-05-01 | $0.1085 |
| 2026-04-01 | $0.1030 |
| 2026-03-02 | $0.1066 |
| 2026-02-02 | $0.1132 |
About SMBS
The index is composed of investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government agencies. It is the fund’s policy that under normal circumstances it will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in securities included in the index, including TBA transactions.
Frequently asked
What is SMBS's dividend yield?
SMBS (Schwab Mortgage-Backed Securities ETF) currently has a dividend yield of 5.26%, which works out to about $1.30 in annual dividend payments per share.
When is SMBS's next ex-dividend date?
SMBS's next ex-dividend date is Sep 01, 2026 (2 days ago). To receive the upcoming dividend, you must own shares before this date.
When did SMBS last pay a dividend?
SMBS's most recent dividend payment date was Aug 07, 2026.
How often does SMBS pay dividends?
SMBS pays dividends on a monthly schedule.
Track SMBS in DiviDrip
Add SMBS to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search SMBS and add your shares.
- View the SMBS Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like SMBS.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.