DGRO vs HDV: Which Is the Better Dividend Stock?
As of July 2026, DGRO (iShares Core Dividend Growth ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. HDV offers the higher yield at 3.06%, DGRO has the higher dividend-safety score, and HDV trades at the larger discount to fair value (-57%).
| Metric | DGRO | HDV |
|---|---|---|
| Forward yield | 1.90% | 3.06% |
| Annual dividend | $1.48 | $0.88 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 0 yr |
| 5-yr dividend growth | 7.1% | 1.9% |
| 5-yr total return | 47% | 48% |
| Dividend safety score | 89 (A) | 60 (C) |
| Fair value estimate | $26.21 | $12.32 |
| Upside to fair value | -66% | -57% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 23.8 | 22.8 |
Higher yield
HDV
3.06%
Safer dividend
DGRO
Grade A
Faster growth
DGRO
7.1%
Better value
HDV
-57% upside
DGRO vs HDV — FAQ
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