KBWD vs PBDC
Invesco KBW High Dividend Yield Financial ETF compared with Putnam BDC Income ETF on yield, payout growth, payment schedule, cost and risk.
KBWD
Invesco KBW High Dividend Yield Financial ETF
TTM yield · Monthly
PBDC
Putnam BDC Income ETF
TTM yield · Quarterly
Quick take
- KBWD yields more today: 14.01% vs 10.01% (forward).
- KBWD has grown its payout faster: -1.3%/yr vs -5.3%/yr over the last 1 year.
- KBWD pays every month; PBDC pays every quarter.
- Over the last year KBWD delivered the higher total return: -1.3% vs -9.2% (price change plus payouts).
- KBWD is cheaper to own: 5.39% vs 11.77% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | KBWD | PBDC |
|---|---|---|
| Share price | $12.33 | $27.80 |
| TTM yield | 14.01% | 10.99% |
| Forward yield | 14.01% | 10.01% |
| Annual payout per share | $1.728 | $2.784 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Sep 21, 2026 (est.) | Oct 6, 2026 (est.) |
| Expense ratio | 5.39% | 11.77% |
| 1-year payout growth | -1.3% | -5.3% |
| 5-year payout CAGR | +4.3% | — |
| Consecutive years of increases | 2 years | 1 year |
| Payout consistency (last 12) | 96/100 | 94/100 |
| 1-year total return | -1.3% | -9.2% |
| 1-year price return | -13.5% | -18.2% |
| Size (market cap / AUM) | 413.3M | 317.8M |
| Years paying | 15.7 | 3.7 |
| Sector / category | Financial | Financial |
✓ 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
| KBWD | PBDC | |
|---|---|---|
| Shares | 811.0 | 359.7 |
| Income per year | $1,401 | $1,001 |
| Income per month (avg) | $117 | $83 |
At forward yields, before taxes. Model KBWD · Model PBDC
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| KBWD Sep 21, 2026 | Sep 25, 2026 | $0.144 | Est. |
| KBWD Oct 19, 2026 | Oct 23, 2026 | $0.144 | Est. |
| KBWD Nov 16, 2026 | Nov 20, 2026 | $0.144 | Est. |
| PBDC Oct 6, 2026 | Oct 20, 2026 | $0.696 | Est. |
| PBDC Jan 5, 2027 | Jan 19, 2027 | $0.696 | Est. |
| PBDC Apr 6, 2027 | Apr 20, 2027 | $0.696 | Est. |
Annual payouts per share
KBWDPBDC
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, KBWD or PBDC?
KBWD currently has the higher trailing yield: KBWD yields 14.01% and PBDC yields 10.99%. Yield changes daily with price, so check the live figures above.
How often do KBWD and PBDC pay?
KBWD pays every month and PBDC pays every quarter. KBWD's next ex-date is Sep 21, 2026 and PBDC's is Oct 6, 2026.
Which has grown its dividend faster, KBWD or PBDC?
KBWD has grown its payout faster: -1.3%/yr vs -5.3%/yr over the last 1 year.
Is KBWD or PBDC better for income?
It depends on what you are optimising for. KBWD and PBDC 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.