SCHD Dividend Calculator

Name: SCHD Dividend Calculator
Author: CalculatorBolt

Calculate annual dividend income from Singapore Government Securities (SGS), Treasury Bills (T-Bills), and Singapore Savings Bonds (SCHDs). Enter your investment amount, annual yield, and investment period to estimate your dividend income. Get annual dividends, total dividends over the period, and effective annual yield. Informational only—consult a financial advisor. Explore more tools on free calculators on CalculatorBolt.

Calculator

Investment Amount

Amount to invest

Security Type

Type of security

Annual Yield (%)

Expected annual return

Payment Frequency

Investment Period (years)

How long to invest

Annual Dividend

Total Dividends

Effective Yield

Import JSON

How it works

Annual Dividend = Investment Amount × Annual Yield (%)

Total Dividends = Annual Dividend × Investment Period (years)

Effective Annual Yield (EAY) = (1 + r/n)ⁿ - 1, where r is the annual yield and n is the payment frequency per year.

We calculate the expected dividend income based on your investment amount and yield, accounting for payment frequency to determine the effective annual yield.

Inputs explained

Investment Amount: The principal amount you invest in the security (SGD by default).
Security Type: SGS (long-term government bonds), T-Bills (short-term discount bills), SCHD (Singapore Savings Bonds with step-up yields), or Custom.
Annual Yield: The expected annual return percentage. This is the coupon rate for SGS/SCHD or the implied yield for T-Bills.
Payment Frequency: How often dividends are paid (annually, semiannually, or quarterly). SGS typically pay semiannually.
Investment Period: The number of years you plan to hold the investment.

Example

SGS Investment:

Investment Amount: S$10,000
Annual Yield: 3.0%
Payment Frequency: Semiannually
Investment Period: 5 years

Results:

Annual Dividend: S$300
Total Dividends (5 years): S$1,500
Effective Annual Yield: 3.02%

Tips & notes

SGS (Singapore Government Securities) pay interest (coupons) semiannually based on the auction-determined yield.
T-Bills are sold at a discount and pay no periodic coupons; the yield is the implied return you receive at maturity.
SCHDs (Singapore Savings Bonds) have a step-up yield structure—the longer you hold, the higher the average interest rate.
Interest rates and yields fluctuate based on market conditions and Monetary Authority of Singapore policies.
All Singapore government securities are considered very safe with minimal default risk.
You can redeem Singapore Savings Bonds early without penalty, but you'll only receive interest accrued up to that point.

Security Type Comparison

Security	Tenure	Payment Frequency	Typical Yield
SGS	2-30 years	Semiannual	2.5-4.0%
T-Bills	6 months-1 year	At maturity	2.0-3.5%
SCHD (SSB)	Up to 10 years	Monthly (step-up)	1.5-3.0%

FAQs

SCHD refers to Singapore Savings Bonds, a government bond with a step-up yield structure. The longer you hold, the higher the average interest rate you earn.

SGS (Singapore Government Securities) pay a semiannual coupon based on the auction-determined yield. The annual dividend is the investment amount multiplied by the yield percentage.

Yes, this calculator works for T-Bills. Treasury Bills are sold at a discount and pay no coupons; the yield is the implied return you receive at maturity.

No. Everything runs in your browser. Use Export or Share Link to save your calculation.

SGS are longer-term bonds (2-30 years) that pay regular interest. T-Bills are short-term (6 months to 1 year) and sold at a discount with no interest payments.

Yes, Singapore Savings Bonds are backed by the Singapore government and are considered very safe investments with no default risk.

SGS and Singapore Savings Bonds typically pay interest semiannually (twice a year). T-Bills pay the full amount at maturity.

No, this calculator does not account for taxes. Interest income may be taxable depending on your situation. Consult a tax advisor.

Disclaimer

Informational estimate only. Does not account for taxes, price fluctuations, early redemption penalties, or market conditions. Actual returns may vary. Singapore government securities are subject to market risk and interest rate fluctuations. Consult a financial advisor for personalized investment advice.