SmarterDividends
NOBL

ProShares S&P 500 Dividend Aristocrats ETF

NOBL

ETF · ETF · quarterly payer

$59.13

Overvalued · -64% Add to Portfolio

Forward Yield

1.98%

Annual Dividend

$1.17

Payout Ratio

—

5-Yr Growth

5.4%

Ex-Date

—

Frequency

Quarterly

Key facts about NOBL's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 2, 2026, ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has a forward dividend yield of 1.98%, based on an annual dividend of $1.17 per share and a share price of $59.13.
  • As of Nov 2, 2026, NOBL's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has raised its dividend for 3 consecutive years as of Nov 2, 2026.
  • NOBL last cut its regular dividend in 2022.
  • NOBL's most recent ex-dividend date was Sep 23, 2026, for a dividend of $0.28 per share.
  • NOBL's dividend has grown at an average rate of 5.4% a year over the past five years.
  • As of Nov 2, 2026, SmarterDividends' blended fair-value estimate for NOBL is $21.32 per share, 64% below the $59.13 share price, so NOBL screens as overvalued.
  • ProShares S&P 500 Dividend Aristocrats ETF (NOBL) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "NOBL Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 2, 2026, https://smarterdividends.com/stocks/NOBL

Summary

As of Nov 2, 2026, ProShares S&P 500 Dividend Aristocrats ETF (NOBL) yields 1.98% ($1.17 a year per share), has a dividend safety grade of B (67/100) and has 3 consecutive years of dividend increases on record.

Is NOBL a good dividend stock?

Yes, with caveats

ProShares S&P 500 Dividend Aristocrats ETF (NOBL) pays a quarterly dividend yielding 1.98% ($1.17/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 5.4% 5-yr dividend growth

Risks

  • Cut its dividend in 2022

Key Data

Dividend Yield
1.98%
Payout Ratio
—
Annual Dividend
$1.17
5-Yr Avg Growth
5.4%
Ex-Dividend Date
—
Years of Growth
3
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
23.4
5-Yr Total Return
28%
52-Week Range
$50.12 – $59.73
Dividend Safety
B · 67/100
Ever Cut?
Yes (2022)

NOBL dividend distribution changes

ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has made 52 distributions since 2013; 26 were higher than the one before and 10 lower, as fund payouts track the income earned.

Ex-dateChangeOld → newMove
Sep 23, 2026Higher$0.256 → $0.283+10.5%
Mar 25, 2026Lower$0.331 → $0.256−22.5%
Dec 24, 2025Higher$0.275 → $0.331+20.4%
Jun 25, 2025Higher$0.233 → $0.275+18.3%
Mar 26, 2025Lower$0.293 → $0.233−20.6%
Dec 23, 2024Higher$0.261 → $0.293+12.3%
Sep 25, 2024Lower$0.275 → $0.261−5.1%
Jun 26, 2024Higher$0.261 → $0.275+5.6%
Sep 20, 2023Higher$0.232 → $0.261+12.5%
Jun 21, 2023Higher$0.177 → $0.232+30.8%
Mar 22, 2023Lower$0.300 → $0.177−41.0%
Dec 22, 2022Higher$0.202 → $0.300+48.9%
Every NOBL payment →Download every raise and cut (CSV)
NOBL ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →NOBL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NOBL a good dividend stock?

Yes, with caveats. ProShares S&P 500 Dividend Aristocrats ETF (NOBL) pays a quarterly dividend yielding 1.98% ($1.17/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is NOBL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NOBL's fair value is about $21.32 versus a $59.13 share price — so it looks overvalued (-64% vs. fair value).

Is NOBL's dividend safe?

NOBL has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

What is NOBL's fair value?

Our blended fair-value estimate for NOBL is about $21.32 per share, about 64% below the current $59.13 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NOBL a buy, hold, or sell?

We don't issue formal ratings, but on the data NOBL screens as "yes, with caveats" and overvalued. ProShares S&P 500 Dividend Aristocrats ETF (NOBL) pays a quarterly dividend yielding 1.98% ($1.17/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will NOBL cut its dividend?

NOBL earns a dividend-safety grade of B (67/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NOBL pay a dividend?

Yes. ProShares S&P 500 Dividend Aristocrats ETF pays a quarterly dividend of about $1.17 per share annually, a forward yield of roughly 1.98%.

What is NOBL's dividend yield?

As of Nov 2, 2026, NOBL's forward dividend yield is 1.98%, based on a $1.17 annual dividend and a $59.13 share price.

What is NOBL's dividend per share?

As of Nov 2, 2026, NOBL pays $1.17 per share per year, distributed on a quarterly basis.

How many years has NOBL grown its dividend?

As of Nov 2, 2026, NOBL has increased its dividend for 3 consecutive years.

When is the next NOBL ex-dividend date?

As of Nov 2, 2026, NOBL's next ex-dividend date hasn't been announced. The most recent was Sep 23, 2026, for $0.28 per share.

Income Calculator

At $1.17 / yr per share

Per payment (quarterly)$29.34
Annual$117.35
Monthly avg$9.78

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