The Schwab U.S. Dividend Equity ETF (SCHD +0.80%) has delivered a 13.4% annualized total return since its inception in 2011, while growing its payout at an 11.2% compound annual rate since 2017. If the dividend ETF maintains its current pace, the share price would grow from $35 to around $90 by the end of 2035, while the yield on cost would rise from 3.1% to over 8% by then. Here's a look at what drives that view. High income and growthThe Schwab U.S. Dividend Equity ETF has been a compounding machine. The ...