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Data last updated: Aug 31, 2026
Snapshot (as of Aug 31, 2026): iShares Select Dividend ETF (DVY) pays a $5.26 annual dividend ($1.25 quarterly), yielding 3.21% at $163.80/share. Next ex-dividend date 2026-06-15. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.21%
Annual Dividend: $5.26 per share
Ex-Dividend Date: 2026-06-15
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 24
The iShares Select Dividend ETF dividend comes from a BlackRock-managed fund that tracks the Dow Jones U.S. Select Dividend Index, holding dividend-paying U.S. equities across diversified sectors and market capitalizations. DVY currently yields 3.25%, with a trailing annual dividend rate of $5.2593 per share paid quarterly. The next ex-dividend date is June 15, 2026. A beta of 0.57 makes DVY a lower-volatility option, which suits income-focused investors who prioritize steadier price behavior alongside their dividend income.
iShares Select Dividend ETF pays out dividends as a pass-through fund, making a traditional payout ratio not applicable (fund/ETF). The fund's income is derived directly from the dividends paid by its underlying holdings, a structure that ties iShares Select Dividend ETF dividend safety to the collective payout health of those constituent companies rather than a single corporate balance sheet. The primary pressure point is that any broad deterioration in dividend payments across the fund's holdings would flow directly through to DVY's distributions.
Over the past 14 years, iShares Select Dividend ETF dividend history shows a CAGR of 7.6% per year from 2011 to 2025, with per-share payments rising from $1.8480 to $5.1440 (2026 is a partial year and excluded from this calculation). The largest single-year jump in the window was 14.7% in 2012. The fund has now posted five consecutive years of dividend increases, and at 7.6% annualized, the growth rate is meaningful enough that income investors have seen their per-share payments nearly triple over the full period.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +7.5% | $4.14 (2022) | $5.14 (2025) |
| 5-Year | +7.9% | $3.52 (2020) | $5.14 (2025) |
| 10-Year | +7.1% | $2.59 (2015) | $5.14 (2025) |
DVY fits income-focused investors who want a moderate yield with a demonstrated growth trend behind it. The current yield of 3.25% sits in the moderate (2-4%) range, and it runs above the fund's own 5-year average of 2.76%, meaning today's entry point offers a better income rate than the recent historical norm. The trade-off is that DVY's income depends entirely on the dividend behavior of its underlying holdings, with no single corporate earnings stream to anchor expectations. What an investor gets is broad U.S. equity dividend exposure, a low beta of 0.57, and a payout that has grown at 7.6% annually over 14 years.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-15 | $1.2472 |
| 2026-03-17 | $1.1490 |
| 2025-12-16 | $1.6160 |
| 2025-09-16 | $1.2460 |
| 2025-06-16 | $1.2330 |
| 2025-03-18 | $1.0490 |
| 2024-12-17 | $1.3160 |
| 2024-09-25 | $1.5500 |
| 2024-06-11 | $0.9300 |
| 2024-03-21 | $0.9980 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.3962 |
| 2025 | $5.1440 |
| 2024 | $4.7940 |
| 2023 | $4.4750 |
| 2022 | $4.1410 |
Project income from DVY with the DVY dividend calculator or track your full portfolio with the dividend tracker.