About iShares Core High Dividend ETF (HDV) — Dividend Analysis 2026
HDV screens for dividend sustainability using Morningstar's economic moat methodology — only companies with wide or narrow moats qualify. Its concentrated portfolio of ~75 holdings represents high-conviction dividend payers in healthcare, energy, and consumer staples. Higher yield than SCHD with similar quality focus.
Is HDV a good dividend investment in 2026?
HDV offers a 3.70% forward yield with a 55% payout ratio. With a safety score of 95/100, the dividend appears very safe. The 5-year dividend CAGR of 4.8% is modest — investors should weigh current income against growth alternatives.
HDV DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your HDV portfolio grows to $27.4K vs $24.7K without reinvestment — a DRIP bonus of $2.8K. This is the compound interest effect in action.
HDV dividend growth history & forecast
HDV has grown its dividend by 4.2% over the last year and 4.8% 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 3.70% — illustrating why dividend growth stocks are powerful long-term wealth builders.
Affiliate links — we may earn a commission at no cost to you. Not financial advice.
🌍 HDV Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HDV.
Gross yield
3.70%
Tax rate
15.00%
After-tax yield
3.15%
Real yield (−CPI)
0.35%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.70%
0.90%
$370 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.15%
0.35%
$315 / yr
🇺🇸 US Taxable (20%)
20%
2.96%
0.16%
$296 / yr
🇬🇧 UK ISA
0%
3.70%
0.90%
$370 / yr
🇬🇧 UK Taxable
8.75%
3.38%
0.58%
$338 / yr
🇨🇦 TFSA
0%
3.70%
0.90%
$370 / yr
🇨🇦 CA Taxable
25%
2.78%
-0.02%
$278 / yr
🇦🇺 Super (pension)
15%
3.15%
0.35%
$315 / yr
🇦🇺 AU Taxable
30%
2.59%
-0.21%
$259 / yr
🇩🇪 DE Taxable
26.375%
2.72%
-0.08%
$272 / yr
🇫🇷 FR Taxable
30%
2.59%
-0.21%
$259 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 HDV Income Goal & Break-Even
Dividend Break-Even
20yr
Years for dividends to repay your full HDV investment price of $108.20/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$4.7K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$2.3K
How much do I need to invest in HDV for:
Shares needed
7,059
Capital required
$763,784
Monthly income
$2,000
Based on current dividend of $4.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HDV Dividend Payment Schedule
HDV pays quarterly — 4 times per year. Next ex-div: Mar 21, 2026.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$8.50 / payment
$34.00 / year after tax
100 shares
$85.00 / payment
$340.00 / year after tax
1,000 shares
$850.00 / payment
$3400.00 / year after tax
📊 HDV vs ETF Sector Benchmarks
How HDV compares to typical ETF sector averages.
Dividend YieldHDV: +3.70% vs sector avg 3.50% ✓ Better
Payout RatioHDV: 55.00% vs sector avg 52.00% ↓ Below avg
HDV━━ ETF avg: 52.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.