DIVB Dividend Calculator

The 4 DIVB payments with ex-dates between September 16, 2025 and August 18, 2026 add up to $1.3948 per share once split adjustment is applied. Worked on a round position, 1,000 shares collected 1,000 × $1.3948 = $1,394.82 across that window, which is $116.23 a month if you flatten it and $348.70 per payment on the 4-payment cadence. The calculator performs the same multiplication against whatever share count your investment and share price produce.

Those 4 payments span 336 days rather than a full 365, because our DIVB record opens on December 20, 2023. The sum is a complete cadence year, meaning the full number of payments DIVB's schedule implies, rather than a complete calendar one. Read it as slightly conservative for a full year, and re-check it once the record deepens.

Year one of the model is that same multiplication; each later year multiplies $1.3948 by one plus the growth rate you type. The methodology page states the rest.

DIVB distributes every quarter, which is 4 payments a year. The projection above steps once a year, so a twenty-year run performs 20 reinvestments where DIVB would have offered 80. Every payment between the annual steps is treated as though it arrived on the last day of the year. Observed gaps between DIVB ex-dates ran 90 to 91 days, median 91.

Reinvesting each of those 4 payments as it landed, rather than once at the end of the year, earns more than the annual step shows, because earlier shares collect later payments. Holding the share price flat so timing is the only moving part, and computed from DIVB's own payment weights, a 4% distribution rate gives 1.51% more first-year income, and a 20% distribution rate gives 7.74% more first-year income. The effect scales with the rate you are modelling, which is why it matters more for a high-distribution fund than for a slow grower, and it stays small next to the variability in the payout itself.

One term decides how far the annual step falls short, and for DIVB it is 37.4%: a measure of how evenly the window's cash is split across its payments. A single lump scores zero, four equal payments 37.5%, twelve 45.8%, and fifty-two 49.0%. DIVB sits below the even end, because its cash is concentrated into fewer or more unequal payments, and the annual step distorts less there than it would for a smooth stream.

DIVB has a realised rate you can use instead of a guess: 7.4% a year, measured as the compound annual rate between DIVB's split-adjusted 2024 payout of $1.2369 and its 2025 payout of $1.3281, which is 1 year of record. A realised rate is still an assumption about the future once you type it into a projection, but it is an assumption with a measurement behind it, which an invented 8% is not.

Per share, with no price assumption anywhere in it, this is what that rate does to DIVB's payout against holding it flat. The cumulative column sums the payout from year one through the year shown.

By year twenty the difference between 7.4% and zero is $3.9943 per share, which is 286% of the flat figure. That is the sensitivity of an entire projection to one field. Run it at the realised rate, run it again at zero, and treat the gap between the two answers as the honest result.

A projection books a full year of income in year one. Today is August 21, 2026, 233 days into 2026. DIVB has already gone ex-dividend 2 times in 2026, for $0.6699 per share, and buying now collects none of it. On the observed cadence, about 2 more payments would fall before 31 December, which is 50% of a normal year for DIVB. That is a read of the record rather than a schedule DIVB has published.

Nothing further is declared for DIVB on our record, so every payment inside the projection is a modelled one. Based on the 91-day gap the record shows, the next ex-date would ordinarily land between Sep 4, 2026 and Sep 24, 2026, which is a pattern rather than an announcement. Read year one as twelve months from your purchase date, not the rest of this calendar year.