HDV Dividend Calculator
iShares Core High Dividend ETF distributes on no fixed schedule. The field below opens with HDV's own recorded trailing payout of $0.8815 per share, as of 2026-08-18.
Enter the share price you are paying to see the projection. We publish no price data, so this is the one figure the page cannot fill in for you.
Payout figures read from iShares on Aug 18, 2026. You supply the share price. The HDV record page holds every payment behind these figures.
What the HDV Calculator Loads, and the Arithmetic Behind It
The 5 HDV payments with ex-dates between September 16, 2025 and August 18, 2026 add up to $0.8815 per share once split adjustment is applied. Worked on a round position, 1,000 shares collected 1,000 × $0.8815 = $881.52 across that window, which is $73.46 a month if you flatten it and $176.30 per payment on the 5-payment cadence. The calculator performs the same multiplication against whatever share count your investment and share price produce.
Those 5 payments span 336 days rather than a full 365, because our HDV record opens on June 11, 2024. The sum is a complete cadence year, meaning the full number of payments HDV'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 $0.8815 by one plus the growth rate you type. The methodology page states the rest.
What HDV's Schedule Does to the Model
HDV distributes on no fixed schedule. Our record shows 10 payments with gaps between ex-dates running from 30 to 91 days and a median of 91. The projection above assumes a repeating year with a fixed payment count, which is exactly what HDV does not have.
Reinvesting each of those 5 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 HDV's own payment weights, a 3.4% distribution rate gives 1.34% more first-year income, and a 4% distribution rate gives 1.58% more first-year income, and a 20% distribution rate gives 8.13% 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 HDV it is 39.1%: 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%. HDV 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.
Where HDV's Cash Actually Landed
The 11 complete calendar months ending Jul 2026, from HDV's recorded ex-dates, split-adjusted, as of 2026-08-18. 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 |
|---|---|---|---|---|
| Sep 2025 | 1 | $0.1899 | $189.92 | 21.5% |
| Oct 2025 | 0 | $0.0000 | $0.00 | 0.0% |
| Nov 2025 | 0 | $0.0000 | $0.00 | 0.0% |
| Dec 2025 | 1 | $0.2506 | $250.58 | 28.4% |
| Jan 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| Feb 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| Mar 2026 | 1 | $0.1686 | $168.59 | 19.1% |
| Apr 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| May 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| Jun 2026 | 1 | $0.1850 | $185.05 | 21.0% |
| Jul 2026 | 1 | $0.0874 | $87.39 | 9.9% |
| 11 months | 5 | $0.8815 | $881.52 | 100.0% |
Dec 2025 was the largest month at $0.2506 per share, carrying 28.4% of the 11-month total on its own. 6 of the 11 months paid nothing at all, which is what a quarterly or occasional schedule looks like once a monthly income plan is laid over it.
Shares and Capital for a Monthly Income Target from HDV
Share counts that would have produced each monthly target at HDV's recorded trailing payout of $0.8815 per share, as of 2026-08-18. This is division on a recorded figure, not advice, and the payout can move. We hold no price for HDV 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 | HDV Shares | Average per Payment |
|---|---|---|---|
| $200 | $2,400 | 2,723 | $480.08 |
| $750 | $9,000 | 10,210 | $1,800.07 |
| $2,000 | $24,000 | 27,226 | $4,800.06 |
| $5,000 | $60,000 | 68,065 | $12,000.16 |
Read the monthly column as an average rather than a schedule. On the record above, 6 of the last 11 months delivered nothing, so a holder of 27,226 shares aiming at $2,000 a month received it in 5 lumps instead. The record-side arithmetic, at different target levels, is on the HDV record page.
The Growth Input for HDV
HDV has a realised rate you can use instead of a guess: 8.6% a year, measured as trailing twelve months against the twelve months before it, split-adjusted. 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 HDV's payout against holding it flat. The cumulative column sums the payout from year one through the year shown.
| Year | Flat at $0.8815 | At 8.6% | Cumulative at 8.6% |
|---|---|---|---|
| Year 1 | $0.8815 | $0.8815 | $0.88 |
| Year 5 | $0.8815 | $1.2252 | $5.23 |
| Year 10 | $0.8815 | $1.8490 | $13.13 |
| Year 20 | $0.8815 | $4.2108 | $43.02 |
By year twenty the difference between 8.6% and zero is $3.3293 per share, which is 378% 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 HDV Hard to Model
Each item is triggered by something computed from HDV's own record and carries the figure that triggered it.
A single HDV payment is a bad basis for an annual figure. Across trailing twelve months the smallest HDV payment was $0.0874 on July 15, 2026 and the largest $0.2506 on December 16, 2025, a spread of 187%. HDV keeps no fixed payment count, so there is not even a multiplier that turns one of those payments into a year. Use a summed trailing figure rather than any one payment.
HDV's payments moved inside the window the model treats as one flat year. Splitting the 5 payments at March 3, 2026, the 2 before it averaged $0.2202 and the 3 after averaged $0.1470, which is 33% smaller. The projection model has no way to represent a drift inside a year: it takes one annual figure and one growth rate. Feeding it a trailing total that spans both halves builds in a payout level that neither half actually paid.
6 of the last 11 months paid HDV holders nothing. The monthly income figure a projection implies is an annual total divided by twelve. On the record, HDV's cash arrived in 5 of 11 calendar months, with Dec 2025 the largest at $0.2506 per share. Anyone planning to spend the income needs the payment months, not the average, and the months are in the table above.
HDV distributes on no fixed schedule, so there is no payments-per-year to model. Our HDV record holds 10 payments between June 11, 2024 and July 15, 2026, with observed gaps between ex-dates running from 30 to 91 days. An annual-period projection assumes a repeating year. For a payer with no repeating year, the annual dividend field is a total you are choosing to expect rather than a rate the fund runs at.
The model deducts no fees, and HDV charges 0.08% a year. Fund expenses come out of the fund before a distribution is declared, so HDV'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 0.08% annual charge accounts for about 1.6% of the position, and the projection shows none of it. Read the ending value as a pre-fee, pre-tax figure.
iShares (BlackRock) publishes a 30-day SEC yield for HDV, which is not the payout this page loads. The published figure is 3.42% as of 2026-07-31. 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 HDV's trailing twelve months of actual distributions at $0.8815 per share, and that is the figure this page pre-loads.
Starting a HDV Projection Today
A projection books a full year of income in year one. Today is August 21, 2026, 233 days into 2026. HDV has already gone ex-dividend 3 times in 2026, for $0.4410 per share, and buying now collects none of it. HDV keeps no fixed schedule, so how many further payments this calendar year holds is not something the record can tell you.
Nothing further is declared for HDV on our record, so every payment inside the projection is a modelled one. 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 HDV?
$0.8815 per share, the sum of the 5 split-adjusted HDV payments with ex-dates between September 16, 2025 and August 18, 2026, read from iShares: HDV fund page (distributions) on 2026-08-18. 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 HDV calculator?
The rate HDV's own record realised is 8.6% a year, measured as trailing twelve months against the twelve months before it, split-adjusted. 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 HDV shares would pay $5,000 a month?
About 68,065 shares at the trailing payout of $0.8815 per share, which is $60,000 a year. Spread over 5 payments a year that averages $12,000.16 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 HDV's 0.08% expense ratio?
Not separately, and on the income side it does not need to: HDV'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 HDV 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. iShares (BlackRock) publishes no distribution rate for HDV 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 HDV dividend history page. Other irregular 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.