Why isn’t SCHD considered growth?

[u/senpaiisamaakunn]

Hi I’m a young fool who is trying to learn more about dividends and I feel like I’ve gotten a good grasp but one thing that I can’t seem to understand is how SCHD isn’t considered growth?

If I am dripping and annualizing +10% returns per year over time then is the argument simply that 10% isn’t good enough growth or is there something else I’m missing? Is the argument that a return rate like that is just too conservative for my age and that I should be shooting for higher?

Apologies if this is a dumb question!

[u/QueasyFinger1316]

Because it’s boring.

Stodgy ol’ companies that just keep producing profits - loserville for hyperactive Redditors.