HYG Dividend Yield 2026: iShares iBoxx $ High Yield Corporate Bond ETF

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Data last updated: Jul 18, 2026

Snapshot (as of Jul 18, 2026): iShares iBoxx $ High Yield Corporate Bond ETF (HYG) pays a $4.71 annual dividend ($0.37 monthly), yielding 5.91% at $79.65/share. Next ex-dividend date 2026-07-01. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 5.91%

Annual Dividend: $4.71 per share

Ex-Dividend Date: 2026-07-01

Dividend Frequency: monthly

Sector: Financial Services

Years of Dividend History: 20

About iShares iBoxx $ High Yield Corporate Bond ETF Dividend

The iShares iBoxx $ High Yield Corporate Bond ETF dividend comes from a fund that tracks a benchmark of lower-rated, U.S. dollar-denominated corporate bonds, the kind that pay more because they carry more credit risk. HYG currently yields 5.91%, with a trailing annual dividend rate of $4.7069 per share paid monthly. The next ex-dividend date is July 1, 2026, and the last payment was $0.3688 per share. That monthly income stream and above-average yield make HYG a natural fit for income-focused investors who want regular cash flow and accept the credit risk that comes with high-yield bonds.

Dividend Safety

iShares iBoxx $ High Yield Corporate Bond ETF pays out dividends as a pass-through from its underlying bond holdings, a payout ratio classified as not applicable (fund/ETF). The income the fund distributes is directly tied to the interest payments generated by its portfolio of lower-rated corporate bonds, so iShares iBoxx $ High Yield Corporate Bond ETF dividend safety depends on the creditworthiness of those issuers and prevailing interest rates rather than a traditional earnings coverage ratio. The primary pressure point is credit risk: if the underlying bonds default or are downgraded at scale, the income passed through to shareholders falls.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) Dividend Growth Rate, CAGR, and History

iShares iBoxx $ High Yield Corporate Bond ETF dividend history shows a CAGR of -3.6% per year from 2009 to 2025. Per-share payments moved from $8.3310 in 2009 down to $4.6060 in 2025 (with 2026 a partial year). The largest annual increase in the window was 13.9% in 2023, but the overall direction has been negative, and the data block confirms at least one year-over-year decline exceeding 5% within the period.

iShares iBoxx $ High Yield Corporate Bond ETF Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+5.7%	$3.90 (2022)	$4.61 (2025)
5-Year	+1.6%	$4.26 (2020)	$4.61 (2025)
10-Year	-0.3%	$4.76 (2015)	$4.61 (2025)

Is iShares iBoxx $ High Yield Corporate Bond ETF a Good Dividend Stock?

HYG fits income-focused investors who want monthly cash flow from a diversified pool of high-yield corporate bonds and can accept both credit risk and a declining per-share payment trend over time. The current yield is classified as high (above 4%), sitting at 5.91% versus a 5-year average of 5.28%, so today's income rate is above its own recent norm. The trade-off is clear: HYG delivers elevated monthly income, but the per-share dividend has trended downward at -3.6% per year since 2009, meaning the income stream shrinks in nominal terms over a long holding period.

Recent iShares iBoxx $ High Yield Corporate Bond ETF Dividend Payments

Payment Date	Amount per Share
2026-07-01	$0.3688
2026-06-01	$0.4090
2026-05-01	$0.4187
2026-04-01	$0.3837
2026-03-02	$0.3940
2026-02-02	$0.3990
2025-12-19	$0.3810
2025-12-01	$0.3750
2025-11-03	$0.4100
2025-10-01	$0.3810

iShares iBoxx $ High Yield Corporate Bond ETF Annual Dividend History

Year	Total Dividends
2026	$2.3732
2025	$4.6060
2024	$4.7240
2023	$4.4470
2022	$3.9030

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.04% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.06% yield)
• VOO — Vanguard S&P 500 ETF (1.08% yield)
• JPM — JPMorgan Chase & Co. (1.76% yield)
• IVV — iShares Core S&P 500 ETF (1.10% yield)
• FXAIX — Fidelity 500 Index Fund (1.06% yield)

Frequently Asked Questions

How often does iShares iBoxx $ High Yield Corporate Bond ETF pay dividends?

HYG pays dividends monthly. The last dividend was $0.3688 per share, and the next ex-dividend date is July 1, 2026.

What is iShares iBoxx $ High Yield Corporate Bond ETF's current dividend yield?

The current HYG dividend yield is 5.91%, above its 5-year average of 5.28%. That gap means the fund is currently paying out more income relative to its price than it has on average over the past five years.

Has iShares iBoxx $ High Yield Corporate Bond ETF ever cut its dividend?

Yes, the available history shows multiple year-over-year declines. Annual payments dropped from $5.6650 in 2013 to $5.0960 in 2014, and the data confirms at least one decline exceeding 5% within the 2009 to 2025 window.

How fast has iShares iBoxx $ High Yield Corporate Bond ETF grown its dividend?

The compound annual growth rate (CAGR) for the HYG dividend was -3.6% per year from 2009 to 2025. Per-share payments fell from $8.3310 to $4.6060 over that period, though 2023 saw a 13.9% single-year increase.

Is iShares iBoxx $ High Yield Corporate Bond ETF a good dividend stock for income investors?

HYG offers a high yield classified as high (above 4%), currently at 5.91% paid monthly, which suits income-focused investors. The trade-off is a long-term declining per-share payment trend of -3.6% per year since 2009.

Is iShares iBoxx $ High Yield Corporate Bond ETF dividend safe?

The payout ratio is not applicable (fund/ETF), so safety depends on the interest income from the underlying high-yield corporate bonds. Credit defaults or broad rating downgrades among those issuers are the primary risk to the income stream.

How does iShares iBoxx $ High Yield Corporate Bond ETF compare to its own historical yield?

At 5.91%, the current yield is above the 5-year average of 5.28%. That means income investors buying today are locking in a higher-than-average yield relative to HYG's own recent history.

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