DON Dividend Calculator
WisdomTree U.S. MidCap Dividend Fund distributes every month. The field below opens with DON's own recorded trailing payout of $1.3219 per share, as of 2026-08-25.
Payout figures read from WisdomTree on Aug 25, 2026. You supply the share price. The DON record page holds every payment behind these figures.
What the DON Calculator Loads, and the Arithmetic Behind It
The 13 DON payments with ex-dates between August 26, 2025 and August 25, 2026 add up to $1.3219 per share once split adjustment is applied. Worked on a round position, 1,000 shares collected 1,000 × $1.3219 = $1,321.89 across that window, which is $110.16 a month if you flatten it and $110.16 per payment on the 12-payment cadence. The calculator performs the same multiplication against whatever share count your investment and share price produce.
Year one of the model is that same multiplication; each later year multiplies $1.3219 by one plus the growth rate you type. The methodology page states the rest.
What DON's monthly Cadence Does to the Model
DON distributes every month, which is 12 payments a year. The projection above steps once a year, so a twenty-year run performs 20 reinvestments where DON would have offered 240. Every payment between the annual steps is treated as though it arrived on the last day of the year. Observed gaps between DON ex-dates ran 5 to 33 days, median 30.
Reinvesting each of those 13 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 DON's own payment weights, a 2.2% distribution rate gives 0.99% more first-year income, and a 4% distribution rate gives 1.81% more first-year income, and a 20% distribution rate gives 9.45% 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 DON it is 44.8%: 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%. DON sits near the even end, which is where the annual-step model understates reinvestment most.
Where DON's Cash Actually Landed
The 12 complete calendar months ending Jul 2026, from DON's recorded ex-dates, split-adjusted, as of 2026-08-25. Income is what 1,000 shares would have collected. A projection divides one annual figure by twelve; the record did this instead.
| Month | Payments | Per Share | On 1,000 Shares | Share of Window |
|---|---|---|---|---|
| Aug 2025 | 1 | $0.1000 | $100.00 | 7.6% |
| Sep 2025 | 1 | $0.1450 | $145.00 | 11.0% |
| Oct 2025 | 1 | $0.0650 | $65.00 | 4.9% |
| Nov 2025 | 1 | $0.0800 | $80.00 | 6.1% |
| Dec 2025 | 2 | $0.2755 | $275.47 | 20.8% |
| Jan 2026 | 1 | $0.0350 | $35.00 | 2.6% |
| Feb 2026 | 1 | $0.0064 | $6.42 | 0.5% |
| Mar 2026 | 1 | $0.1800 | $180.00 | 13.6% |
| Apr 2026 | 1 | $0.0950 | $95.00 | 7.2% |
| May 2026 | 1 | $0.0900 | $90.00 | 6.8% |
| Jun 2026 | 1 | $0.1550 | $155.00 | 11.7% |
| Jul 2026 | 1 | $0.0950 | $95.00 | 7.2% |
| 12 months | 13 | $1.3219 | $1,321.89 | 100.0% |
Dec 2025 was the largest month at $0.2755 per share, carrying 20.8% of the 12-month total on its own. The quietest was Feb 2026 at $0.0064, a factor of 42.9 between the two.
Shares and Capital for a Monthly Income Target from DON
Share counts that would have produced each monthly target at DON's recorded trailing payout of $1.3219 per share, as of 2026-08-25. This is division on a recorded figure, not advice, and the payout can move. We hold no price for DON and publish none, so there is no capital column. Multiply the share count by the price you can actually buy at.
| Monthly Target | A Year | DON Shares | Average per Payment |
|---|---|---|---|
| $200 | $2,400 | 1,816 | $200.05 |
| $750 | $9,000 | 6,809 | $750.06 |
| $2,000 | $24,000 | 18,156 | $2,000.02 |
| $5,000 | $60,000 | 45,390 | $5,000.05 |
On the record above, that same 18,156-share position aiming at $2,000 a month would have collected $5,001.43 in Dec 2025 and $116.56 in Feb 2026. The average is not the month. The record-side arithmetic, at different target levels, is on the DON record page.
The Growth Input for DON
DON has a realised rate you can use instead of a guess: 5.2% a year, measured as the compound annual rate between DON's split-adjusted 2007 payout of $0.5259 and its 2025 payout of $1.3055, which is 18 years 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 DON's payout against holding it flat. The cumulative column sums the payout from year one through the year shown.
| Year | Flat at $1.3219 | At 5.2% | Cumulative at 5.2% |
|---|---|---|---|
| Year 1 | $1.3219 | $1.3219 | $1.32 |
| Year 5 | $1.3219 | $1.6178 | $7.33 |
| Year 10 | $1.3219 | $2.0826 | $16.77 |
| Year 20 | $1.3219 | $3.4512 | $44.55 |
By year twenty the difference between 5.2% and zero is $2.1293 per share, which is 161% 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.
What Makes DON Hard to Model
Each item is triggered by something computed from DON's own record and carries the figure that triggered it.
A single DON payment is a bad basis for an annual figure. Across trailing twelve months the smallest DON payment was $0.0064 on February 24, 2026 and the largest $0.2337 on December 26, 2025, a spread of 3540%. Multiplying those by the 12 payments a year the cadence implies gives $2.80 against $0.08 per share, so the annual dividend field could be filled with figures 36.4 times apart depending only on which payment you happened to look at. Use a summed trailing figure rather than any one payment.
DON pays every month, but not the same amount each month. Across the 12 complete months in the window, Dec 2025 delivered $0.2755 per share and Feb 2026 delivered $0.0064, a factor of 42.9. A projection reports one annual number; Dec 2025 alone carried 21% of the window's total. Treat the average month as an accounting convenience rather than a budget.
The model deducts no fees, and DON charges 0.38% a year. Fund expenses come out of the fund before a distribution is declared, so DON's recorded payments are already net of them and the income column needs no adjustment. The value column is a different matter: compounded over a twenty-year projection, a 0.38% annual charge accounts for about 7.3% of the position, and the projection shows none of it. Read the ending value as a pre-fee, pre-tax figure.
DON's record crosses a share split, and the calculator loads the adjusted figure. DON split 3-for-1 on November 9, 2017. Every figure this page feeds the calculator is restated in current share terms, so a pre-split payment is comparable with a post-split one. If you pull an annual dividend figure from a source that does not adjust, the split reads as a cut of 67% and the projection inherits it. See what split adjustment does to the arithmetic.
WisdomTree publishes a 30-day SEC yield for DON, which is not the payout this page loads. The published figure is 2.21% as of 2026-08-17. A 30-day SEC yield is a standardised calculation on the fund's net investment income over one month, built so bond funds can be compared with each other. It is not the cash the fund distributed, and it is not what a dividend calculator wants in the annual dividend field. Our record puts DON's trailing twelve months of actual distributions at $1.3219 per share, and that is the figure this page pre-loads.
Starting a DON Projection Today
A projection books a full year of income in year one. Today is August 26, 2026, 238 days into 2026. DON has already gone ex-dividend 7 times in 2026, for $0.6564 per share, and buying now collects none of it. On the observed cadence, about 5 more payments would fall before 31 December, which is 42% of a normal year for DON. That is a read of the record rather than a schedule DON has published.
Nothing further is declared for DON on our record, so every payment inside the projection is a modelled one. Based on the 30-day gap the record shows, the next ex-date would ordinarily land between Aug 18, 2026 and Sep 5, 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.
Frequently Asked Questions
What annual dividend figure should I use for DON?
$1.3219 per share, the sum of the 13 split-adjusted DON payments with ex-dates between August 26, 2025 and August 25, 2026, read from WisdomTree: DON fund page, distribution history CSV export on 2026-08-25. It is already in the field. It records what was paid; it is not a rate the payer has committed to.
What growth rate should I put in the DON calculator?
The rate DON's own record realised is 5.2% a year, measured as the compound annual rate between DON's split-adjusted 2007 payout of $0.5259 and its 2025 payout of $1.3055, which is 18 years of record. Using a realised rate beats inventing one, though it is still an assumption about the future rather than a property of it. Run the projection at that rate and again at zero, and read the gap as the answer.
How many DON shares would pay $5,000 a month?
About 45,390 shares at the trailing payout of $1.3219 per share, which is $60,000 a year. Spread over 12 payments a year that averages $5,000.05 a payment, and the payments are not equal. What that costs depends on the price you pay, which we do not publish.
Does the projection subtract DON's 0.38% expense ratio?
Not separately, and on the income side it does not need to: DON's recorded distributions are already net of fund expenses, because the fee comes out before a distribution is declared. The value column is where the omission bites, since the projection grows the position at whatever price growth you type with no annual charge deducted from it.
Why does the DON calculator ask me for the share price?
Because we publish no prices. Every figure here carries the date its source was read, and a live quote cannot. WisdomTree publishes no distribution rate for DON that we could turn into an implied price by arithmetic, so the price field starts empty.
Every payment, split adjustment, and calendar-year total behind these figures is on the DON dividend history page. Other monthly payers in coverage are on the coverage table. The general-purpose tools sit on the calculator hub, and the model is written out on the methodology page.