HDV raises its quarterly dividend 20.7% to $0.105 per share

HDV (iShares Core High Dividend ETF) has announced a quarterly dividend increase of 20.7%, raising its payout to $0.1050 per share from the previous $0.0870. The new dividend will be paid to shareholders of record as of the ex-dividend date, which is set for August 19, 2026.

The numbers

This marks a notable step up in the ETF's quarterly distribution, reflecting a shift from the recent pattern of payments. Over the past year, HDV has paid quarterly dividends ranging from $0.087 to $0.2506, with the most recent payments including $0.19 (September 2025), $0.2506 (December 2025), $0.1686 (March 2026), $0.185 (June 2026), and $0.087 (July 2026). The new $0.105 payment represents a significant increase from the last quarter's $0.087.

At the current price of $29.93, the new quarterly rate annualizes to approximately $0.42 per share, implying a forward yield of about 1.40%. However, HDV's trailing twelve-month (TTM) dividend per share stands at $0.9862, giving a TTM yield of 3.30%. The ETF has a five-year dividend compound annual growth rate (CAGR) of 1.9%, though it has not recorded consecutive years of dividend increases, as its distributions can vary based on underlying holdings.

What it means for income investors

For income-focused investors, this raise means that holding 100 shares of HDV would now generate an additional $1.80 per quarter compared to the previous payment, or $7.20 annually, based on the new rate. While the increase is positive, the ETF's distribution history shows variability, so investors should consider the broader yield and growth record when evaluating potential income. The ex-dividend date for this payment is August 19, 2026, so investors must own shares before that date to receive the dividend.

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