About VanEck Green Bond ETF (GRNB) — Dividend Analysis 2026
VanEck Green Bond ETF (GRNB) seeks to replicate, as closely as possible, before fees and expenses, the price and yield performance of the S&P Green Bond U.S. Dollar Select Index (SPGRUSST). The index is comprised of U.S. dollar-denominated green bonds that are issued to finance environmentally friendly projects, and includes bonds issued by supranational, government, and corporate issuers globally.
Is GRNB a good dividend investment in 2026?
GRNB offers a 4.31% 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.
GRNB DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your GRNB portfolio grows to $15.2K vs $14.3K without reinvestment. This is the compound interest effect in action.
GRNB dividend growth history & forecast
GRNB 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 4.31%.
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.
🌍 GRNB Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold GRNB.
Gross yield
4.31%
Tax rate
15.00%
After-tax yield
3.66%
Real yield (−CPI)
0.86%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
4.31%
1.51%
$431 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.66%
0.86%
$366 / yr
🇺🇸 US Taxable (20%)
20%
3.45%
0.65%
$345 / yr
🇬🇧 UK ISA
0%
4.31%
1.51%
$431 / yr
🇬🇧 UK Taxable
8.75%
3.93%
1.13%
$393 / yr
🇨🇦 TFSA
0%
4.31%
1.51%
$431 / yr
🇨🇦 CA Taxable
25%
3.23%
0.43%
$323 / yr
🇦🇺 Super (pension)
15%
3.66%
0.86%
$366 / yr
🇦🇺 AU Taxable
30%
3.02%
0.22%
$302 / yr
🇩🇪 DE Taxable
26.375%
3.17%
0.37%
$317 / yr
🇫🇷 FR Taxable
30%
3.02%
0.22%
$302 / 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.
🎯 GRNB Income Goal & Break-Even
Dividend Break-Even
28yr
Years for dividends to fully repay your GRNB investment of $23.87/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$4.3K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$1.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in GRNB for:
Shares needed
27,464
Capital required
$655,566
Monthly income
$2,000
Based on current dividend of $1.03/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 GRNB Dividend Payment Schedule
GRNB pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$2.18 / payment
$8.74 / year after tax
100 shares
$21.85 / payment
$87.39 / year after tax
1,000 shares
$218.47 / payment
$873.88 / year after tax
📊 GRNB vs Financial Services Benchmarks
How GRNB compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+1.41% vs sectorBetter
GRNB
4.31%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
GRNB
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
GRNB
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for GRNB sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ GRNB Insider Activity
▲ 3 Buys
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
ADAMS JAMES E
officer: EVP & CFO
J-Other
2009-07-30
28
—
—
ADAMS JAMES E
officer: EVP & CFO
J-Other
2009-07-30
2,722
—
—
ADAMS JAMES E
officer: EVP & CFO
Buy
2009-07-30
15,050
$5.25
$78.9K
ADAMS JAMES E
officer: EVP & CFO
J-Other
2009-07-30
28
—
—
ADAMS JAMES E
officer: EVP & CFO
J-Other
2009-07-30
2,722
—
—
ADAMS JAMES E
officer: EVP & CFO
Buy
2009-07-30
15,450
$5.08
$78.5K
ADAMS JAMES E
officer: EVP & CFO
J-Other
2008-12-31
97
—
—
ADAMS JAMES E
officer: EVP & CFO
J-Other
2008-12-31
1,477
—
—
ADAMS JAMES E
officer: EVP & CFO
Buy
2009-01-13
100
$11.18
$1.1K
ADAMS JAMES E
officer: EVP and CFO
A-Award
2008-02-27
2,058
$19.44
$40.0K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
📊 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 GRNB 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 →