DVY Dividend Calculator

DVY is the iShares Select Dividend ETF. It launched on November 3, 2003, and tracks the Dow Jones U.S. Select Dividend Index: 100 of the highest-yielding U.S. stocks, with REITs left out.

A stock has to pass several tests to get in. Its dividend must be at least its own five-year average, and its five-year average dividend coverage ratio must be 167% or more. It must have paid a dividend in each of the past five years and shown no loss over the past 12 months. It also needs a float-adjusted market value of at least $3 billion ($2 billion for stocks already in the index) and enough trading volume. The index is reviewed every quarter and rebalanced once a year.

DVY paid $2.5897 a share in 2015 and $5.1455 in 2025, so its payout grew about 7.1% a year. The only drop came in 2020, when it fell 2.2%.

The five-year dividend growth rate, from 2020 to 2025, was about 7.9% a year. Each of those years rose by a similar amount: 8.6% in 2021, 8.3% in 2022, 8.1% in 2023, about 7.1% in 2024 and 7.3% in 2025. The three payments made so far in 2026 total $3.7257, about 5.6% more than the same three in 2025.

No. DVY pays four times a year. It goes ex-dividend in March, June, September and December, and in 2026 the cash arrived three days after each ex-date.

The checks vary in size. In 2026 the fund paid $1.1493 a share in March, $1.2472 in June and $1.3291 in September. The biggest recent check was $1.6162 in December 2025. From 2022 to 2024, the September check was the largest of the year.

iShares posts each amount shortly before the ex-date.

On October 15, 2026, DVY held 98 stocks and $23.02 billion in assets. Financial companies made up 24.72% of the fund and utilities 21.84%. Consumer staples were 14.00% and energy 10.96%, while tech stocks were only 3.21%.

No single stock is very large. The top five were Pfizer (2.43%), HP (2.37%), Altria (2.32%), Prudential Financial (2.17%) and T. Rowe Price (1.98%).

Over the year to Oct 13, 2026, DVY’s four checks came to $5.3419 a share. Set against a price of about $155.29, that is a trailing yield of roughly 3.44%. iShares listed a 30-day SEC yield of 3.66% and a 12-month trailing yield of 3.51% on September 30, 2026.

With dividends counted, DVY returned 8.74% a year at net asset value from its 2003 launch to September 30, 2026. It returned 9.76% a year over the last 10 years and 9.68% over five. Calendar years swing: 31.63% in 2021, then 1.92% in 2022 and 1.09% in 2023, then 16.19% in 2024 and 11.64% in 2025.

Both funds hold about 100 high-yield U.S. stocks and leave out REITs. SCHD charges 0.06% a year against 0.38% for DVY, and it requires 10 straight years of dividends plus tests of cash flow and debt. DVY leans on financial companies and utilities; SCHD leans on consumer staples, health care and energy. Trailing yields on Oct 13, 2026: DVY 3.44%, SCHD 3.17%.

Results depend on the period. Over 10 years to September 30, 2026, SCHD returned 12.44% a year and DVY 9.76%. Over five years DVY was a bit ahead, 9.68% against 9.48%. From 2021 to 2025, $10,000 grew to about $17,592 in DVY and $15,310 in SCHD, using each fund’s calendar-year returns.

As of Oct 13, 2026, DVY yields about 3.44%, having distributed $5.3419 per share over the trailing twelve months.

Its most recent payment was $1.3291 per share, which went ex-dividend on Sep 15, 2026 and paid on Sep 18, 2026.

DVY's quarterly payments have varied over the period shown, from $1.1493 to $1.6162 per share, with the latest at $1.3291.

DVY tracks the Dow Jones U.S. Select Dividend Index, weighting toward established higher-yielding US companies that have paid consistent dividends. It is one of the older high-dividend ETFs.

DVY is a high-dividend etf from iShares that distributes quarterly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for DVY: the starting yield, how fast the dividend grows each year, and how fast the share price appreciates. That separation matters most for high-yield versus dividend-growth choices, where a lower starting yield that grows quickly can overtake a higher static yield over time.