Is GWMTX or DGRO a better dividend investment in 2026?

GWMTX currently yields 2.43% with a 5% 5-year dividend growth rate. DGRO yields 2.10% with 9.5% growth. The better choice depends on your goal: GWMTX offers higher current income.

What is the dividend yield difference between GWMTX and DGRO?

GWMTX has a forward dividend yield of 2.43% ($0.28/share annually). DGRO yields 2.10% ($1.47/share annually). The yield gap is 0.33 percentage points.

Home › Compare › GWMTX vs DGRO

GWMTX vs DGRO: Dividend Comparison 2026

GWMTX yields 2.43% · DGRO yields 2.10%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 DGRO wins by $8.3K in total portfolio value

INVESTMENT

TIME HORIZON10 years

GWMTX

● Live price

2.43%

Share price

$11.36

Annual div

$0.28

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$23.3K

Annual income

$284.22

Full GWMTX calculator →

DGRO

iShares Core Dividend Growth ETF

● Live price

2.10%

Share price

$70.18

Annual div

$1.47

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$31.6K

Annual income

$235.38

Full DGRO calculator →

Portfolio growth — GWMTX vs DGRO

📍 DGRO pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	GWMTX	DGRO
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

📅

Dividend Calendar Overlap

Combined, GWMTX + DGRO cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

GWMTX pays

DGRO pays

Both pay

Neither

💰

Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

GWMTX

Annual income on $10K today (after 15% tax)

$206.51/yr

After 10yr DRIP, annual income (after tax)

$241.59/yr

DGRO

Annual income on $10K today (after 15% tax)

$178.14/yr

After 10yr DRIP, annual income (after tax)

$200.07/yr

At 15% tax rate, GWMTX beats the other by $41.51/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of GWMTX + DGRO for your $10,000?

GWMTX: 50%DGRO: 50%

100% DGRO50/50100% GWMTX

Portfolio after 10yr

$27.4K

Annual income

$259.80/yr

Blended yield

0.95%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GWMTX buys

DGRO buys

No recent congressional trades found for GWMTX or DGRO in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricGWMTXDGRO

Forward yield	2.43% ✓	2.10%
Annual dividend / share	$0.28	$1.47 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$23.3K	$31.6K ✓
Annual income after 10y	$284.22 ✓	$235.38
Total dividends collected	$2.6K ✓	$2.2K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: GWMTX vs DGRO ($10,000, DRIP)

Year	GWMTX Portfolio	GWMTX Income/yr	DGRO Portfolio	DGRO Income/yr	Gap
1← crossover	$10,943	$242.96	$11,290	$209.57	$347.00 → DGRO
2	$11,957	$248.47	$12,722	$213.54	$765.00 → DGRO
3	$13,048	$253.75	$14,314	$217.18	$1.3K → DGRO
4	$14,220	$258.78	$16,080	$220.53	$1.9K → DGRO
5	$15,479	$263.58	$18,040	$223.59	$2.6K → DGRO
6	$16,831	$268.14	$20,215	$226.40	$3.4K → DGRO
7	$18,282	$272.48	$22,627	$228.96	$4.3K → DGRO
8	$19,838	$276.61	$25,302	$231.31	$5.5K → DGRO
9	$21,507	$280.52	$28,268	$233.44	$6.8K → DGRO
10	$23,297	$284.22	$31,557	$235.38	$8.3K → DGRO

GWMTX vs DGRO: Complete Analysis 2026

GWMTX — Stock

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that are exempt from federal income tax. It has no limitations on the maturity of individual securities, but expects to maintain a dollar-weighted average maturity of 6 to 12 years.

Full GWMTX Calculator →

DGRO — ETF

The iShares Core Dividend Growth ETF seeks to track the investment results of an index composed of U.S. equities with a history of consistently growing dividends.

Full DGRO Calculator →

📬

Get this GWMTX vs DGRO comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

GWMTX vs SCHD GWMTX vs JEPI GWMTX vs O GWMTX vs KO GWMTX vs MAIN GWMTX vs VIG GWMTX vs NOBL GWMTX vs VYM

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.