DVY Ex-Dividend Date & Dividend Calculator

iShares Select Dividend ETF (DVY) is a high-yield quarterly name at a dividend yield of 3.2%. A stable business base and free cash flow (FCF) are what sustain a high payout, and an excessively high payout ratio carries dividend-cut risk.

When investing in high-yield names, check dividend safety (a dividend safety score) and the last 5 years of payment history, not just the headline yield. See the complete dividend-types guide and DCA vs. lump-sum investing.

Product structure — DVY, a dividend index ETF that screens names by payment history and financial criteria, sits in the high-yield category. It holds a basket of high-yield names under index rules, so one holding cutting its dividend doesn't shake the whole fund.

Payout mechanics — The listed yield is 3.2% (as of 2026.09.09), paid quarterly. Payments has stayed fairly steady payment to payment (variability score 0.15). As of now, DVY's payment history isn't volatile enough to be classified as variable-dividend. The per-payment amount is about $1.2470, paid roughly 4 times a year. This figure is recalculated every period, so it isn't guaranteed to hold going forward — it's a reference point based on past payment history. If you're holding or considering DVY, treat this $1.2470 per-payment figure as a reference point rather than a buy/hold signal — not a conclusion from one snapshot.

Risk to watch — High-yield names tend to move more with credit and rate conditions than the broader market — that's part of why the yield sits where it does. The ex-dividend date shown (2026-09-13) is not an official announcement — it's estimated from past payment intervals. See the high-yield ETF tax guide and run the numbers in the 5-year simulator. If you're holding or considering DVY, treat this $1.2470 per-payment figure as a reference point rather than a buy/hold signal — not a conclusion from one snapshot.

Summary — Annualizing iShares Select Dividend ETF's ($1.2470) per-payment amount at 4 payments a year comes to roughly $4.99. The actual amount can change every period, so this figure isn't guaranteed. Taken together with the card above, the fact that DVY's payments has stayed fairly steady payment to payment (variability score 0.15) rounds out the picture. As always, treat every figure here as a point-in-time snapshot. None of this replaces doing your own homework on DVY — the $1.2470 figure is a starting point, not the final word.