Is MTOAX or DGRO a better dividend investment in 2026?

MTOAX currently yields 18.85% with a 5% 5-year dividend growth rate. DGRO yields 2.10% with 9.5% growth. The better choice depends on your goal: MTOAX offers higher current income.

What is the dividend yield difference between MTOAX and DGRO?

MTOAX has a forward dividend yield of 18.85% ($2.00/share annually). DGRO yields 2.10% ($1.47/share annually). The yield gap is 16.75 percentage points.

Home › Compare › MTOAX vs DGRO

MTOAX vs DGRO: Dividend Comparison 2026

MTOAX yields 18.85% · DGRO yields 2.10%● Live data

vsPost on X →

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

🏆 MTOAX wins by $36.5K in total portfolio value

INVESTMENT

TIME HORIZON10 years

MTOAX

● Live price

18.85%

Share price

$10.61

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$68.0K

Annual income

$5,949.03

Full MTOAX 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 — MTOAX vs DGRO

📍 MTOAX pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

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

Crisis Period	MTOAX	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%.

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Dividend Calendar Overlap

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

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

MTOAX pays

DGRO pays

Both pay

Neither

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Tax Bracket Optimizer

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

MTOAX

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

$1,602.26/yr

After 10yr DRIP, annual income (after tax)

$5,056.68/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, MTOAX beats the other by $4,856.60/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

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

MTOAX: 50%DGRO: 50%

100% DGRO50/50100% MTOAX

Portfolio after 10yr

$49.8K

Annual income

$3,092.21/yr

Blended yield

6.21%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MTOAX buys

DGRO buys

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

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

MetricMTOAXDGRO

Forward yield	18.85% ✓	2.10%
Annual dividend / share	$2.00 ✓	$1.47
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$68.0K ✓	$31.6K
Annual income after 10y	$5,949.03 ✓	$235.38
Total dividends collected	$37.5K ✓	$2.2K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

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

Year	MTOAX Portfolio	MTOAX Income/yr	DGRO Portfolio	DGRO Income/yr	Gap
1← crossover	$12,585	$1,885.01	$11,290	$209.57	+$1.3K → MTOAX
2	$15,683	$2,217.10	$12,722	$213.54	+$3.0K → MTOAX
3	$19,363	$2,582.13	$14,314	$217.18	+$5.0K → MTOAX
4	$23,698	$2,979.45	$16,080	$220.53	+$7.6K → MTOAX
5	$28,765	$3,407.91	$18,040	$223.59	+$10.7K → MTOAX
6	$34,644	$3,865.93	$20,215	$226.40	+$14.4K → MTOAX
7	$41,421	$4,351.52	$22,627	$228.96	+$18.8K → MTOAX
8	$49,182	$4,862.34	$25,302	$231.31	+$23.9K → MTOAX
9	$58,021	$5,395.79	$28,268	$233.44	+$29.8K → MTOAX
10	$68,032	$5,949.03	$31,557	$235.38	+$36.5K → MTOAX

MTOAX vs DGRO: Complete Analysis 2026

MTOAX — Stock

The investment seeks to provide long-term capital growth and to moderate volatility consistent with its current asset allocation. The fund seeks to achieve its investment objective by investing in a combination of underlying funds according to a target asset allocation strategy. These underlying funds will pursue asset allocation strategies, and will invest in a combination of equity, fixed income and cash investments. It may invest directly in equity and fixed income securities and cash equivalents, including money market securities.

Full MTOAX 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 →

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