Unlocking the Power of DGRW Dividend: A Quality Yield ETF Overview for 2024

Author Image By Michael D Ashley

DGRW - Market Position

Ticker Symbol Product Type Asset Class Strategy Payment Frequency Geographic Focus Expense Ratio Sponsor
DGRW ETF Equity Dividend ETF Dividend Growth Quarterly US
1.67% WisdomTree

DGRW Overview - WisdomTree U.S. Quality Dividend Growth Fund

DGRW Dividend ETF is a renowned investment vehicle designed to capture the potential growth of companies with sustainable dividend payouts. Managed by WisdomTree, this ETF focuses on dividend growth strategies, aiming to provide investors with exposure to high-quality dividend-paying stocks. The fund's investment approach targets companies demonstrating robust fundamentals and strong potential for future dividend increases.

With a payment frequency of quarterly, DGRW offers investors the opportunity to benefit from regular dividend income. It primarily concentrates on US domestic equities, ensuring geographic focus on the region's market dynamics. DGRW's expense ratio remains competitive, making it an attractive choice for investors seeking exposure to dividend growth strategies.

Investing in DGRW provides investors with a diversified portfolio of quality dividend-paying stocks while leveraging WisdomTree's expertise in ETF management. The fund's emphasis on dividend yield and dividend growth offers potential for both income and capital appreciation. For those looking to invest in companies with a strong commitment to rewarding shareholders, DGRW stands as a compelling option in the ETF landscape.

DGRW - Price / Yield

DGRW - Portfolio and Asset Allocation

The WisdomTree U.S. Quality Dividend Growth ETF (DGRW) offers investors exposure to a carefully curated portfolio of top-quality dividend-paying stocks. With Microsoft (MSFT), Apple Inc (AAPL), Broadcom Inc. (AVGO), Abbvie (ABBV), Johnson & Johnson (JNJ), Procter & Gamble Company (PG), Home Depot (HD), Nvidia Corporation (NVDA), Coca-Cola Company (KO), and Pepsico (PEP) comprising its top 10 holdings, DGRW showcases a diverse range of industry leaders across technology, healthcare, consumer goods, and other sectors.

DGRW's asset allocation strategy emphasizes companies with a demonstrated track record of consistent dividend growth, providing investors with both income stability and potential for capital appreciation. With a blend of established giants like Microsoft and innovative disruptors like Nvidia, DGRW aims to capture the growth potential of companies with strong fundamentals and shareholder-friendly policies.

By diversifying across various sectors and market capitalizations, DGRW mitigates single-stock risk while maintaining exposure to high-quality dividend-paying companies. This balanced approach aligns with DGRW's objective of providing investors with a reliable and growing income stream over the long term, making it an attractive option for those seeking to bolster their portfolio with quality dividend growth stocks.

Name Weight
Microsoft (MSFT) 8.11%
Apple Inc (AAPL) 4.40%
Broadcom Inc. (AVGO) 3.70%
Abbvie (ABBV) 3.69%
Johnson & Johnson (JNJ) 3.44%
Procter & Gamble Company (PG) 2.93%
Home Depot (HD) 2.88%
Nvidia Corporation (NVDA) 2.79%
Coca-Cola Company (KO) 2.55%
Pepsico (PEP) 2.23%

DGRO Dividend Yield and Distribution History

Section Details

DGRO Dividend Information

DGRW: The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) pays quarterly dividends. The most recent ex-dividend date was on March 21, 2024, with a dividend payment of $0.31074 per share on March 27, 2024.

DGRO Dividend Yield

As of April 2, 2024, the 30-day SEC yield for DGRW is 2.34%. This means that for every $100 invested in the fund, investors would receive $2.34 in dividends per year, assuming the yield remains constant.

DGRW Dividend History

DGRW has a history of paying quarterly dividends. The dividend payments may fluctuate based on the performance of the underlying dividend-paying stocks held by the fund.

DGRW Dividend Stability

DGRW aims to provide a relatively stable income stream by investing in high-quality, dividend-paying stocks of larger U.S. companies. However, the dividend payments are not guaranteed and may be affected by changes in market conditions or the performance of the underlying stocks in the fund's portfolio.

DGRW - Chart

DGRO - Comparative Analysis

Let's compare DGRW with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of Apr 2024)

Investment Focus U.S. companies with a focus on quality dividend growth S&P 500 companies with at least 25 consecutive years of dividend growth U.S. companies with at least 10 consecutive years of dividend growth
Current Yield 1.68% 1.98% 1.92%
Expense Ratio 1.67% 0.35% 0.06%
Investment Strategy Focuses on quality dividend growth Passively tracks the S&P 500 Dividend Aristocrats Index Passively tracks the NASDAQ US Dividend Achievers Select Index
Strengths High dividend yield, focus on quality dividend growth Invests in companies with a long history of dividend growth, potential for lower volatility Broad exposure to U.S. dividend growth stocks, low expense ratio
Weaknesses Higher expense ratio than other ETFs in comparison Higher expense ratio than DGRW and VIG, potentially lower yield Lower yield than DGRW, companies with shorter dividend growth history compared to NOBL

DGRO Dividend History (Last 5 distributions)

Ex-Dividend Date Cash Amount Record Date Pay Date
Mar 21, 2024 $0.17 Mar 24, 2024 Mar 26, 2024
Feb 22, 2024 $0.08 Feb 25, 2024 Feb 27, 2024
Jan 24, 2024 <$0.01 Jan 25, 2024 Jan 29, 2024
Dec 21, 2023 $0.22 Dec 25, 2023 Dec 27, 2023
Nov 23, 2023 $0.10 Nov 26, 2023 Nov 28, 2023


Technical Analysis

Conclusion and Risks

Conclusions and Risks

After analyzing the DGRW ETF, several conclusions and risks emerge:

  • The DGRW ETF has shown a 1.67% return over the latest period, reflecting its growth characteristics and premium compared to other similar funds.
  • Investors seeking exposure to US quality dividend growth stocks may find DGRW appealing due to its focus on common stocks with growth characteristics and fundamentally weighted index that consists of dividend-paying companies.
  • However, risks include security concerns, volatility in stock price, and economic factors that may impact dividend payout ratio.
  • Data regarding total assets, performance stats, and dividend index are important metrics to measure the DGRW ETF's performance.
  • Under normal circumstances, DGRW aims to match the performance of the WisdomTree US Quality Dividend Growth Index and investments therein.

Overall, DGRW provides investors with a tool to express their investment strategy in dividend-paying stocks while considering growth and security factors.