DVY vs SPYD
iShares Select Dividend ETF compared with State Street SPDR Portfolio S&P 500 High Dividend ETF on yield, payout growth, payment schedule, cost and risk.
DVY
iShares Select Dividend ETF
TTM yield · Quarterly
SPYD
State Street SPDR Portfolio S&P 500 High Dividend ETF
TTM yield · Quarterly
Quick take
- SPYD yields more today: 4.42% vs 3.05% (forward).
- DVY has grown its payout faster: 7.1%/yr vs 6.1%/yr over the last 5 years.
- Both pay every quarter.
- DVY has the longer streak of annual increases: 5 years vs 4.
- Over the last year DVY delivered the higher total return: +18.8% vs +13.8% (price change plus payouts).
- SPYD is cheaper to own: 0.07% vs 0.38% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | DVY | SPYD |
|---|---|---|
| Share price | $163.31 | $49.17 |
| TTM yield | 3.22% | 4.13% |
| Forward yield | 3.05% | 4.42% |
| Annual payout per share | $4.988 | $2.172 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Sep 14, 2026 (est.) | Sep 21, 2026 (est.) |
| Expense ratio | 0.38% | 0.07% |
| 1-year payout growth | +2.1% | +5.6% |
| 5-year payout CAGR | +7.1% | +6.1% |
| Consecutive years of increases | 5 years | 4 years |
| Payout consistency (last 12) | 84/100 | 89/100 |
| 1-year total return | +18.8% | +13.8% |
| 1-year price return | +15.1% | +9.2% |
| Size (market cap / AUM) | 23.6B | 7.7B |
| Years paying | 22.7 | 10.7 |
| Sector / category | Mid-Cap Value | Mid-Cap Value |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| DVY | SPYD | |
|---|---|---|
| Shares | 61.2 | 203.4 |
| Income per year | $305 | $442 |
| Income per month (avg) | $25 | $37 |
At forward yields, before taxes. Model DVY · Model SPYD
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| DVY Sep 14, 2026 | Sep 17, 2026 | $1.247 | Est. |
| DVY Dec 14, 2026 | Dec 17, 2026 | $1.247 | Est. |
| DVY Mar 15, 2027 | Mar 18, 2027 | $1.247 | Est. |
| SPYD Sep 21, 2026 | Oct 5, 2026 | $0.543 | Est. |
| SPYD Dec 21, 2026 | Jan 4, 2027 | $0.543 | Est. |
| SPYD Mar 22, 2027 | Apr 5, 2027 | $0.543 | Est. |
Annual payouts per share
DVYSPYD
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, DVY or SPYD?
SPYD currently has the higher trailing yield: DVY yields 3.22% and SPYD yields 4.13%. Yield changes daily with price, so check the live figures above.
How often do DVY and SPYD pay?
DVY pays every quarter and SPYD pays every quarter. DVY's next ex-date is Sep 14, 2026 and SPYD's is Sep 21, 2026.
Which has grown its dividend faster, DVY or SPYD?
DVY has grown its payout faster: 7.1%/yr vs 6.1%/yr over the last 5 years.
Is DVY or SPYD better for income?
It depends on what you are optimising for. DVY and SPYD differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.