DIVO raises monthly dividend 3.72% to $0.1950 per share

DIVO (Amplify CWP Enhanced Dividend Income ETF) has announced a monthly dividend increase. The new payment of $0.1950 per share represents a 3.72% raise from the previous $0.1880. Shareholders of record as of the ex-dividend date, DIVO will receive the new dividend on the upcoming payment date. The ex-dividend date for this payment is set for August 28, 2026.

The numbers

This marks the latest in a series of monthly distributions. Recent payments include $0.179 (March 30, 2026), $0.181 (April 29, 2026), $0.184 (May 28, 2026), $0.183 (June 29, 2026), and $0.188 (July 30, 2026). The new $0.1950 payment continues a trend of increases, with the ETF having raised its dividend for two consecutive years. Over the past five years, the dividend has grown at a compound annual growth rate (CAGR) of 12.2%. At the current price of $48.45, the trailing twelve-month (TTM) yield stands at 6.20%, with TTM dividend per share of $3.0050.

What it means for income investors

For income-focused investors, the new monthly rate implies an annualized dividend of $2.34 per share (based on the current monthly payment). On a 100-share position, that translates to $234 per year in dividend income. The consistent monthly payments and the recent increase reflect the ETF's commitment to returning value to shareholders. For a detailed look at past distributions, see the dividend history.

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