DGRO vs HDV: Which Is the Better Dividend Stock?
As of September 2026, HDV (iShares Core High Dividend ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. HDV offers the higher yield at 2.99%, HDV has the higher dividend-safety score, and HDV trades at the larger discount to fair value (-59%).
| Metric | DGRO | HDV |
|---|---|---|
| Forward yield | 1.94% | 2.99% |
| Annual dividend | $1.49 | $0.85 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 0 yr |
| 5-yr dividend growth | 7.1% | 1.9% |
| 5-yr total return | 45% | 46% |
| Dividend safety score | 59 (C) | 62 (C) |
| Fair value estimate | $26.50 | $11.92 |
| Upside to fair value | -66% | -59% |
| Frequency | quarterly | monthly |
| Market cap | — | — |
| P/E ratio | 22.0 | 21.3 |
Higher yield
HDV
2.99%
Safer dividend
HDV
Grade C
Faster growth
DGRO
7.1%
Better value
HDV
-59% upside
DGRO vs HDV — FAQ
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