PGX Dividend Calculator
Project dividend-reinvestment (DRIP) growth, income, and yield on cost for Invesco Preferred ETF (PGX). Pre-filled with PGX’s current yield of about 6.94% (as of Oct 13, 2026) — edit the growth and tax assumptions to fit your plan.
PGX dividend: yield, amount & dates
Snapshot of Invesco Preferred ETF (PGX) dividend data as of Oct 13, 2026. Figures change — verify the current numbers with your broker before investing.
PGX dividend income calculator
Pre-filled with PGX’s current yield of about 6.94%. See the income an amount of Invesco Preferred ETF would pay, or how much you’d need for a target monthly income.
PGX dividend history by year
Per share, grouped by ex-dividend date. PGX pays every month, and the amount changes from month to month.
| Year | Dividends per share | Change | Payments |
|---|---|---|---|
| 2026through Sep 21, 2026 | $0.5105 | — | 9 |
| 2025 | $0.6771 | -1.3% | 12 |
| 2024 | $0.686 | -6.8% | 12 |
| 2023 | $0.7363 | +4.7% | 12 |
| 2022 | $0.7033 | -2.8% | 12 |
| 2021 | $0.7235 | -3.0% | 12 |
| 2020 | $0.7462 | -6.4% | 12 |
| 2019 | $0.7969 | -2.8% | 12 |
| 2018 | $0.8198 | -2.5% | 12 |
| 2017 | $0.8406 | -1.9% | 12 |
| 2016 | $0.8566 | -1.9% | 12 |
| 2015 | $0.873 | -0.7% | 12 |
| 2014 | $0.879 | — | 12 |
What is PGX?
PGX is the Invesco Preferred ETF. It launched on January 31, 2008, and charges 0.50% a year. Preferred securities sit between a company’s bonds and its common stock. Most pay a fixed rate, which makes them act a lot like bonds.
The fund tracks the ICE BofA Core Plus Fixed Rate Preferred Securities Index. That index holds fixed-rate preferreds sold in the U.S. in U.S. dollars. Each issue needs an average credit rating of B3 or better and at least $100 million outstanding. Bigger issues get bigger weights. The index had 264 members on October 31, 2025.
Does PGX pay monthly dividends?
Yes. PGX pays 12 times a year. It goes ex-dividend near the 20th of each month and pays four days later.
The checks are small and uneven. In 2026 they ranged from $0.0492 a share in June to $0.0638 in January. The September check was $0.0573.
The October 2026 amount was not yet in this page’s data on October 16, 2026.
PGX dividend history: a slow decline
In 2014 PGX handed out $0.879 a share; by 2025 that was down to $0.6771. That is about 2.3% less each year. The total fell in every year except 2023, when it rose 4.7%.
The steepest drops came in 2020, down 6.4%, and in 2024, down 6.8%. 2025 slipped 1.3%. The nine payments made in 2026 so far add up to $0.5105, about 2.7% more than the same nine months of 2025.
Is PGX a good investment? Returns
This page does not give advice. The fund’s prospectus shows its record through the end of 2024. Counting payouts, PGX returned 6.62% in 2024, 0.37% a year over five years and 3.32% a year over ten. Its index, which has no fees, did a little better at 6.98%, 0.62% and 3.58%.
Preferreds can swing. PGX’s best quarter was April to June 2020, up 8.94%. Its worst came just before, January to March 2020, down 11.45%.
PGX vs PFF
PFF, from iShares, is the other big preferred fund. It charges 0.45% against 0.50% for PGX. PFF tracks exchange-listed preferred and hybrid securities. PGX keeps to fixed-rate issues and can also hold some unlisted, debt-like ones. On Oct 13, 2026, PGX’s trailing yield was about 6.94% and PFF’s was 5.59%.
PGX dividend yield
Over the year to Oct 13, 2026, PGX’s monthly payouts came to $0.69 a share. With shares around $9.94, the trailing yield was close to 6.94%.
At that yield, $10,000 in PGX would pay about $694.00 over a year, spread across 12 uneven checks.
All 153 PGX payments since 2014 line up between dividendhistory.org and digrin.com (apart from rounding), and the latest 60 match stockanalysis.com. Fund facts come from the fund’s SEC summary prospectus. Last checked Oct 16, 2026. Sources: SEC — Invesco Preferred ETF summary prospectus (Dec 19, 2025); Invesco — PGX fund page; dividendhistory.org — PGX payouts; digrin.com — PGX dividends; stockanalysis.com — PGX dividend history. Not financial advice.
Related dividend guides
PFF dividend history
iShares Preferred and Income Securities ETF
SPYD dividend history
SPDR Portfolio S&P 500 High Dividend ETF
JEPI dividend history
JPMorgan Equity Premium Income ETF
PFFD dividend history
Global X U.S. Preferred ETF
KBWD dividend history
Invesco KBW High Dividend Yield Financial ETF
PFF vs PFFD
Researched side-by-side comparison
PGX dividend snapshot
Variable distributionAs of Oct 13, 2026, PGX yields about 6.94%, having distributed $0.69 per share over the trailing twelve months.
Its most recent payment was $0.0573 per share, which went ex-dividend on Sep 21, 2026 and paid on Sep 25, 2026.
Because PGX pays a variable monthly distribution, the amount changes every period — its recent payments have ranged from $0.0492 to $0.062 per share. Treat the headline yield as a record of what was paid, not a promise of future income.
Based on PGX’s published payment record as of Oct 13, 2026 — a description of what the dividend has done, not a rating or a forecast.
About PGX
PGX is a preferred-stock ETF that tracks the ICE BofA Core Plus Fixed Rate Preferred Securities Index, holding fixed-rate US dollar preferred securities, and pays monthly. Its preferred-share holdings provide a high, bond-like yield with limited capital appreciation and rate sensitivity.
PGX is a high-dividend etf from Invesco that distributes monthly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for PGX: 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.
How to use the PGX calculator
- Replace the pre-filled yield with PGX’s current dividend yield from your broker or the fund’s page.
- Set your initial investment and monthly contribution.
- Estimate the dividend growth rate and price growth rate. For a high-dividend etf these can differ a lot — be realistic rather than optimistic.
- Choose your dividend tax rate and whether to reinvest (DRIP), then read the projected value, dividends received, and yield on cost.
The full math, including how the money-weighted return is computed, is on the methodology page.
PGX dividend FAQ
- What is the PGX expense ratio?
- Its prospectus lists total yearly expenses of 0.50%, which is $50 on every $10,000.
- How much did PGX pay in 2025?
- $0.6771 per share across 12 monthly payments.
- Has PGX’s payout gone down?
- Yes, slowly. Its yearly total fell in 10 of the 11 years from 2015 to 2025, from $0.879 in 2014 to $0.6771. This page has no official explanation from Invesco for the trend.
- How does this PGX dividend calculator work?
- It runs a month-by-month projection: each month it adds your contribution, pays a dividend based on the yield, optionally reinvests it (DRIP), then applies price growth. The page loads pre-filled with PGX's current yield (about 6.94% as of Oct 13, 2026); adjust the dividend-growth, price-growth, and tax assumptions to fit your own outlook.
- What yield should I use for PGX?
- As of Oct 13, 2026, PGX's dividend yield was about 6.94% ($0.69 per share over the trailing year). Yields move with the share price, so use the current figure from your broker rather than a fixed number. Enter the trailing or forward yield, whichever you prefer to model.
- How often does PGX pay dividends, and when?
- Invesco Preferred ETF pays a monthly (varies) dividend; its most recent payment was $0.0573 per share, ex-dividend Sep 21, 2026. This calculator compounds monthly and projects annual totals, so it works the same regardless of the payment schedule — the cadence just affects when cash actually lands in your account.
- Is the PGX projection a guarantee?
- No. It is an educational projection based on the assumptions you enter, held constant. Real dividends can rise, be cut, or stop, and prices fluctuate. Use it to compare scenarios, not to predict returns, and never rely on a single calculator for an investment decision.
Add the PGX widget to your site
Writers and site owners can embed PGX’s live dividend yield and income table free — it updates as the data refreshes.
Embed the PGX widget
Paste this on your site to show PGX’s live dividend yield and income table. Free — it stays current as the data updates.
<iframe src="https://anydividendcalculator.com/embed/pgx" title="PGX dividend income calculator" width="100%" height="360" style="border:1px solid #e5e7eb;border-radius:14px;max-width:460px" loading="lazy"></iframe>