The dividend yield of DGRO is 2.19% as of July 1, 20251.
DGRO is a dividend-focused ETF that offers a higher yield than the S&P 500 index, which has a dividend yield of around 1.25%2. However, there are other ETFs with higher yields in the same category. For example, the Vanguard High Dividend Yield ETF (VYM) has a dividend yield of around 2.6%, and the Schwab U.S. Dividend Equity ETF (SCHD) has a yield of closer to 4%3.
DGRO stands out for its focus on dividend growth, as it has a track record of increasing dividends over time. The ETF invests in companies that have a history of growing their dividends, which has historically delivered higher total returns than companies that do not increase their dividends2. However, investors should consider their individual priorities and risk tolerance when choosing an ETF, as higher yields may not be sustainable and come with increased risk.