2023 Top Dividend ETFs List

Investors interested in a steady source of passive income often turn to dividend stocks.

While dividend stocks can appreciate over time, they can also provide regular dividend payments along the way.

These dividend payments can be reinvested or used to help fund operations at the homestead.

Whether you are looking for a simple, low-cost option to track high dividend stocks or a variation on a dividend theme, simply scroll down to see several live lists that detail your options.

Market Cap Based Dividend ETFs

Market cap based ETFs select companies based on their market capitalization.

While some select companies from various market cap segments, others focus exclusively on either large-cap, mid-cap, or small-cap dividend-paying stocks.

Style-Based Dividend ETFs

Another type of dividend ETF is a style-based dividend ETF.

These ETFs filter out dividend-paying companies so they can focus on a particular type of dividend-paying stock.

There are several approaches though the most common tends to be high dividend yield stocks, uninterrupted multi-year dividend payers, growth, and value dividend paying stocks.

Region/Country-Based Dividend ETFs

Another type of dividend ETF are those focused on a particular region.

These ETFs simply select high dividend stocks from a specific country, region, or emerging market. Some of these ETFs may be 100% international or have a minimum required percentage of stocks from companies outside the US.

High Dividend ETFs FAQ

Do ETFs pay dividends?

Many do pay dividends. If an ETF holds dividend-paying stocks, then that ETF is required to distribute the full dividend amount paid by that company.

Which ETF pays the highest dividend?

The ETF with the highest dividend is the Global X SuperDividend ETF (SDIV) with a dividend yield of 10.9%.

How often do ETFs pay dividends?

Most ETFs pay dividends quarterly. Others pay weekly, monthly, semi-annually or annually. In some less frequent cases, an ETF may choose to pay dividends each time they receive a dividend from one of the stocks they hold.

Which ETFs pay monthly dividends?

The ETFvest Dividend ETFs List has 14 ETFs that pay monthly dividends. These monthly dividend ETFs are: Global X SuperDividend (SDIV), Global X SuperDividend U.S. (DIV), Invesco High Yield Equity Dividend Achievers (PEY), Invesco KBW High Dividend Yield Financial (KBWD), Invesco S&P 500 High Dividend Low Volatility (SPHD), O’shares FTSE US Quality Dividend (OUSA), VictoryShares Dividend Accelerator (VSDA), WisdomTree U.S. Dividend Growth Fund (DGRW), WisdomTree US Dividend ex-Financials Fund (DTN), WisdomTree US High Dividend Fund (DHS), WisdomTree US LargeCap Dividend (DLN), and WisdomTree US MidCap Dividend (DON), WisdomTree US SmallCap Dividend (DES), and WisdomTree US Total Dividend (DTD).

Which ETF pays dividends the most frequently?

The SoFi Weekly Income ETF (TGIF) schedules its dividend payments for every Friday.