About Dana Concentrated Dividend ETF (DIVE) — Dividend Analysis 2026
DIVE invests in a concentrated portfolio of 25 to 35 dividend-paying, large-cap US companies with structural competitive advantages trading below fair value. Stock selection combines qualitative analysis with sector-relative quantitative scoring across valuation, growth, and profitability metrics. The portfolio is then weighted based on the sub-adviser's top ideas, with risk managed through diversification across sectors and factors such as value, growth, momentum, quality, and volatility. The strategy uses a behavioral finance-driven approach, exploiting market inefficiencies caused by investor biases to identify undervalued companies with strong fundamentals, sustainable competitive advantages, and dividend yield growth potential. The fund follows a structured sell framework focused on risk control, changing fundamentals, and maintaining income. Positions are sold when dividend yields decline due to price appreciation.
Is DIVE a good dividend investment in 2026?
DIVE offers a 1.06% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
DIVE DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your DIVE portfolio grows to $11.1K vs $11.1K without reinvestment. This is the compound interest effect in action.
DIVE dividend growth history & forecast
DIVE has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1.06%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 DIVE Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold DIVE.
Gross yield
1.06%
Tax rate
15.00%
After-tax yield
0.90%
Real yield (−CPI)
-1.90%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1.06%
-1.74%
$106 / yr
🇺🇸 US Taxable (15%) ✓
15%
0.90%
-1.90%
$90 / yr
🇺🇸 US Taxable (20%)
20%
0.85%
-1.95%
$85 / yr
🇬🇧 UK ISA
0%
1.06%
-1.74%
$106 / yr
🇬🇧 UK Taxable
8.75%
0.97%
-1.83%
$97 / yr
🇨🇦 TFSA
0%
1.06%
-1.74%
$106 / yr
🇨🇦 CA Taxable
25%
0.80%
-2.00%
$80 / yr
🇦🇺 Super (pension)
15%
0.90%
-1.90%
$90 / yr
🇦🇺 AU Taxable
30%
0.74%
-2.06%
$74 / yr
🇩🇪 DE Taxable
26.375%
0.78%
-2.02%
$78 / yr
🇫🇷 FR Taxable
30%
0.74%
-2.06%
$74 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 DIVE Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your DIVE investment of $23.62/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$934.71
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-1537.58
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in DIVE for:
Shares needed
113,204
Capital required
$2,673,878
Monthly income
$2,000
Based on current dividend of $0.25/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 DIVE Dividend Payment Schedule
DIVE pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.53 / payment
$2.12 / year after tax
100 shares
$5.30 / payment
$21.20 / year after tax
1,000 shares
$53.00 / payment
$212.01 / year after tax
📊 DIVE vs Financial Services Benchmarks
How DIVE compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▼-1.84% vs sectorBelow avg
DIVE
1.06%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
DIVE
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
DIVE
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for DIVE sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ DIVE Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the DIVE dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →