Is PZC or DGRO a better dividend investment in 2026?

PZC currently yields 5.10% with a 5% 5-year dividend growth rate. DGRO yields 2.10% with 9.5% growth. The better choice depends on your goal: PZC offers higher current income.

What is the dividend yield difference between PZC and DGRO?

PZC has a forward dividend yield of 5.10% ($0.31/share annually). DGRO yields 2.10% ($1.47/share annually). The yield gap is 3.00 percentage points.

Home › Compare › PZC vs DGRO

PZC vs DGRO: Dividend Comparison 2026

PZC yields 5.10% · DGRO yields 2.10%● Live data

vsPost on X →

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

🏆 DGRO wins by $9.9K in total portfolio value

INVESTMENT

TIME HORIZON10 years

PZC

● Live price

5.10%

Share price

$6.10

Annual div

$0.31

5Y div CAGR

-29.8%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$21.6K

Annual income

$16.28

Full PZC 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 — PZC vs DGRO

📍 DGRO 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	PZC	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, PZC + DGRO cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

PZC 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.

PZC

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

$433.43/yr

After 10yr DRIP, annual income (after tax)

$13.84/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, DGRO beats the other by $186.23/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 PZC + DGRO for your $10,000?

PZC: 50%DGRO: 50%

100% DGRO50/50100% PZC

Portfolio after 10yr

$26.6K

Annual income

$125.83/yr

Blended yield

0.47%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

PZC buys

DGRO buys

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

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

MetricPZCDGRO

Forward yield	5.10% ✓	2.10%
Annual dividend / share	$0.31	$1.47 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	-29.8%	0% ✓
Portfolio after 10y	$21.6K	$31.6K ✓
Annual income after 10y	$16.28	$235.38 ✓
Total dividends collected	$1.2K	$2.2K ✓
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

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

Year	PZC Portfolio	PZC Income/yr	DGRO Portfolio	DGRO Income/yr	Gap
1← crossover	$11,058	$357.96	$11,290	$209.57	$232.00 → DGRO
2	$12,092	$259.70	$12,722	$213.54	$630.00 → DGRO
3	$13,124	$186.31	$14,314	$217.18	$1.2K → DGRO
4	$14,176	$132.67	$16,080	$220.53	$1.9K → DGRO
5	$15,262	$94.02	$18,040	$223.59	$2.8K → DGRO
6	$16,397	$66.41	$20,215	$226.40	$3.8K → DGRO
7	$17,592	$46.81	$22,627	$228.96	$5.0K → DGRO
8	$18,856	$32.95	$25,302	$231.31	$6.4K → DGRO
9	$20,199	$23.17	$28,268	$233.44	$8.1K → DGRO
10	$21,629	$16.28	$31,557	$235.38	$9.9K → DGRO

PZC vs DGRO: Complete Analysis 2026

PZC — Stock

PIMCO California Municipal Income Fund III is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors. Its investment portfolio include California municipal bonds, and other municipal bonds and notes; California variable rate notes and other variable rate notes; California variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO California Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States.

Full PZC 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.