Dividend Details
Calculate DGRO Dividend Income
Quick Facts
- Yield: 2.1%
- Frequency: Quarterly
- Sector: ETF
About iShares Core Dividend Growth ETF
DGRO tracks the Morningstar US Dividend Growth Index, selecting companies with at least 5 consecutive years of dividend growth and sustainable payout ratios. With over 400 holdings and a 0.08% expense ratio, DGRO prioritizes dividend growth trajectory over current yield, making it a "total return" dividend ETF rather than a pure income play. The fund's quality screens exclude companies with payout ratios above 75%, helping investors avoid dividend traps where high current yields mask unsustainable distributions. DGRO's dividend has grown at approximately 10% annually since inception, compounding investor income significantly over time.
DGRO Dividend FAQ
What is DGRO's current dividend yield and payout?
DGRO currently yields 2.1% annually, paying $1.30 per share per year based on a share price of $62.00. This translates to $0.3250 per share per quarter.
How often does DGRO pay dividends?
DGRO distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.3250 per share.
How much does $10,000 invested in DGRO pay in dividends?
A $10,000 investment in DGRO at $62.00 per share buys approximately 161 shares. At the current 2.1% yield, this generates approximately $210 per year, or $18 per month in dividend income before taxes.
Is DGRO's dividend sustainable?
As an ETF, DGRO's distributions depend on underlying holdings and strategy performance. ETF yields can fluctuate based on market conditions, option premiums, and portfolio turnover.
DGRO Dividend Investing Guide
iShares Core Dividend Growth ETF (DGRO) represents a compelling opportunity for dividend investors seeking balanced yield and growth in their portfolios. As a etf sector stock, DGRO offers exposure to diversified dividend income across multiple holdings.
Investors considering DGRO should evaluate both the current yield and potential for dividend growth. The quarterly payment schedule provides regular income, while the stock's fundamentals determine long-term dividend sustainability and growth potential.
To maximize returns from DGRO dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your DGRO investment.