- Dividend yield
- 2.0%
- Total return since launch
- +310%
- Average per year
- +12.2%
- Expense ratio
- 0.08%
- Fund size
- $43.6 billion
- Pays dividends
- quarterly
From the TopDividendETFsPRO database, updated daily. Total return includes reinvested dividends.
What DGRO pays you
| Invested | Per quarter | Per month (avg) | Per year |
|---|---|---|---|
| $1,000 | $5.00 | $1.67 | $20.00 |
| $10,000 | $50.00 | $16.67 | $200 |
| $50,000 | $250 | $83.33 | $1,000 |
| $100,000 | $500 | $167 | $2,000 |
Plan it in the full calculator
Add monthly deposits, taxes, dividend growth and see every year.
How much you need in DGRO for a monthly income
| Monthly income goal | Invested in DGRO |
|---|---|
| $500 a month | $300,000 |
| $1,000 a month | $600,000 |
| $2,000 a month | $1,200,000 |
| $5,000 a month | $3,000,000 |
What reinvesting DGRO dividends could grow to
Starting with $10,000 and reinvesting every dividend (DGRO pays quarterly), with and without adding $500 a month.
| After | $10,000 once | Income then | + $500/month | Income then |
|---|---|---|---|---|
| 5 years | $11,049 | $18.41/mo | $42,675 | $71.12/mo |
| 10 years | $12,208 | $20.35/mo | $78,777 | $131/mo |
| 20 years | $14,903 | $24.84/mo | $162,740 | $271/mo |
| 30 years | $18,194 | $30.32/mo | $265,242 | $442/mo |
About DGRO
DGRO tracks the Morningstar US Dividend Growth Index, which looks for companies with at least five years of uninterrupted dividend growth and screens out payers whose dividends look stretched compared with their earnings. The highest-yielding names are left out as well.
With close to 400 holdings, DGRO is one of the broadest dividend growth funds available. Financials, technology, health care, consumer staples and industrials make up most of the portfolio, so it sits between a pure dividend fund and the overall market.
It costs very little to own and pays quarterly. The shorter five-year growth requirement, compared with VIG's ten, lets DGRO include companies earlier in their dividend growth story.
| Full name | iShares Core Dividend Growth ETF |
| Issuer | BlackRock iShares |
| Strategy | Index fund tracking the Morningstar US Dividend Growth Index |
| Launched | June 10, 2014 |
| Expense ratio | 0.08% |
| Pays | quarterly |
Similar funds
DGRO FAQ
What is DGRO's dividend yield?
DGRO's dividend yield is currently 2.0%, based on the TopDividendETFsPRO database, which is updated daily.
How often does DGRO pay dividends?
DGRO pays quarterly.
How much does $10,000 in DGRO pay per month?
At the current yield, about $16.67 a month on average, or $200 a year, assuming the yield stays the same.
How much do I need in DGRO to make $1,000 a month?
About $600,000 at the current yield.
What is DGRO's total return?
DGRO has returned +310% since it launched in 2014, with dividends reinvested, about +12.2% a year on average.
How is DGRO different from VIG?
DGRO requires five years of dividend growth and holds close to 400 stocks. VIG requires ten years and removes the top 25% highest yielders.
Sources
- iShares: DGRO fund page
- Yield, total return, fund size and expense ratio: TopDividendETFsPRO.com database
For education only, not investment, tax or legal advice. Yields and distributions change and are not guaranteed. Past performance does not guarantee future results. Read the fund's prospectus before investing.