DGRW cuts monthly dividend 15.38% to $0.055 per share

WisdomTree U.S. Quality Dividend Growth Fund (DGRW) has announced a reduced monthly dividend of $0.0550 per share, down 15.38% from the previous $0.0650. The new payout carries an ex-dividend date of August 26, 2026.

The numbers

This cut follows a series of variable monthly payments over recent months: $0.17 on March 26, $0.075 on April 27, $0.055 on May 26, $0.16 on June 25, and $0.065 on July 28. The new $0.055 marks the lowest monthly distribution in the past six months. At the current price of $99.22, the trailing twelve-month yield stands at 1.21%, based on TTM dividend per share of $1.2030. Despite the cut, DGRW has a 5-year dividend CAGR of 4.4% and has increased its dividend for two consecutive years, though the recent monthly variability complicates the growth trend. For a full history, see the dividend history.

What it means for income investors

On an annualized basis, the new $0.055 monthly rate implies $0.66 per share per year. For an investor holding 100 shares, that translates to $66 annually, down from $78 at the previous rate. This reduction may impact income-focused portfolios, but the fund's long-term growth record and current yield remain modest.

Reporting based on: DividendSmart market data. Figures verified against market data where available.