Invesco Dorsey Wright Developed Markets Momentum ETF · PIZ · NASDAQ
Distribution report · updated Nov 13, 2026
$49.53 -0.24% on the day, -$0.12
PIZ fund page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is PIZ’s dividend Very Safe or High Risk? 3 checks scored. Show the rating
Yearly payout / yield
$0.51·1.03%
$0.1275 quarterly x 4 ⓘ
Next payment
~$0.1275/qtr
pays ~Dec 23 (est.) ⓘ
Next ex-date
Dec 21est.
own by Dec 18 ⓘ
Paying since
2008
60 payments on file
Pays
Quarterly
4 payments a year
Yield vs history ⓘ
42
Near its usual yield
plus a special dividend: $0.4503 in the last year — not in the rate
PIZ share price & total return
Daily closing price, adjusted for stock splits.
PIZ stock page »All dividend lists »Build a portfolio around PIZ »
DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
PIZ Dividend Growth (CAGR)
1Y -20.7%3Y +19.9%5Y +18.1%10Y +6.2%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). A red dashed stub marks a payment that was due by its usual rhythm but is not on file. Orange = special or irregular payment. The enlarge button shows all 60 payments since 2008.
Annual dividends and growth
Total paid per share in each calendar year; 2026 YTD is paid so far, the amounts vary too much to estimate the rest. Years with an extra or a missing payment (dates sliding across New Year) are compared per payment. Totals include specials; the growth line leaves them out.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: -14.99% a year, its typical yearly change over the last 5 years. 2 one-off jumps of 2x or more are left out. Special payments are left out. Today's $0.51 a year would be $0.28 by 2031 - 0.57% on today's $49.53 price.

How Many PIZ Shares for $500 or $1,000 a Month?

At $0.51 a share a year, $500 a month takes about 11,762 PIZ shares, about $582,572 at the Nov 13, 2026 close of $49.53. $1,000 a month takes about 23,524 shares, about $1,165,144. Before taxes, and only while the rate holds.

Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) pays $0.1275 a share quarterly, $0.51 a year, a 1.03% run-rate yield at the Nov 13, 2026 close of $49.53. A special dividend of $0.4503 came on top in the last year; specials are paid case by case, so they never count in the rate or the yield here. It has made 60 dividend payments since 2008.

At today’s rate of $0.1275 quarterly and the last close of $49.53, this is what PIZ pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.1275$0.04$0.51
100 shares$12.75$4.25$51.01
$10,000 invested (201.9 shares)$25.75$8.58$102.99
11,762 shares ($500/mo)$1,500.01$500.00$6,000.03
23,524 shares ($1,000/mo)$3,000.02$1,000.01$12,000.06

With DRIP on, every payment buys more shares instead of landing as cash. 100 PIZ shares reinvest into 0.26 new shares each payment, about 1.0 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 389 shares. A rising payout speeds that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with PIZ’s own history in the PIZ DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See PIZ’s rating and its 3 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage: does what it earns cover the dividend rating
  • Raise streak: how many years in a row it raised see details
  • Payout vs trend: is the payout growing at its usual pace rating
  • Yield vs history: is today’s yield high or low versus its past rating

PIZ Dividend Yield Today vs Its 5-Year Range

42/100Near its usual yieldvs its 10-yr history
  • PIZ yields 1.03% today, at the Nov 13, 2026 close of $49.53.
  • Its own 10-year median is 1.36%, so today’s yield is near its usual level.
  • No steady norm: its payout changed too much in 3 years to read a steady norm. So this reads today’s yield against its own 10-year history as it is.
Last 5 years: lowest to highest month-end yield
0.49% low4.18% high
Blue mark = today, grey = its 10-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is PIZ’s Next Dividend? Ex-Date and Pay Date After September 2026

PIZ has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 21, 2026, with the cash around Dec 23, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.1275 a share, went ex on Sep 21, 2026 and paid Sep 23, 2026.

  • Ex-dates: about every 91 days (quarterly)
  • Payment: usually about 2 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does PIZ Pay?

PIZ pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.

Paid in the last 12 months
$0.93 a share, in 4 payments, $0.4503 of it special.
+10.3% against the 12 months before ($0.85 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, Jun, Sep and Dec. Ex-dates fall in Mar, Jun, Sep and Dec (latest 4 payments).
Raise history
  • Streak: 5 years of higher annual totals (through 2025)
  • Payout trend: last 4 payments vs the 4 before: $0.9325 vs $0.8456 (+10.28%)

PIZ vs Similar Dividend Funds (SLVP, ECH...)

Against the 10 dividend funds in Asset Management closest to PIZ in fund size, PIZ’s 1.03% run-rate yield is below the group’s middle yield of 1.22%. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating
PIZ $49.53Invesco Dorsey Wright Developed Markets Momentum ETF $0.1275/qtr$0.51/yr fwd 1.03% Dividend Safety Rating: paid plans only
SLVP $29.52iShares MSCI Global Silver and Metals Miners ETF $0.138/half-yr$0.28/yr fwd 0.93% Dividend Safety Rating: paid plans only
ECH $35.55iShares MSCI Chile ETF $0.078/half-yr$0.16/yr fwd 0.44% Dividend Safety Rating: paid plans only
DBA $26.55Invesco DB Agriculture Fund $0.912/yr 3.44% Dividend Safety Rating: paid plans only
QVAL $64.24Alpha Architect U.S. Quantitative Value ETF $0.2415/qtr$0.97/yr fwd 1.50% Dividend Safety Rating: paid plans only
SMIN $71.13iShares MSCI India Small-Cap ETF $0.5361/yr 0.75% Dividend Safety Rating: paid plans only
RLY $36.47State Street Multi-Asset Real Return ETF $0.073/qtr$0.29/yr fwd 0.80% Dividend Safety Rating: paid plans only
ARKF $41.51ARK Blockchain & Fintech Innovation ETF $0.043/yr 0.10% Dividend Safety Rating: paid plans only
MLN $16.76VanEck Long Muni ETF $0.057/mo$0.68/yr fwd 4.08% Dividend Safety Rating: paid plans only
CERY $37.52State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF $1.426/qtr$5.70/yr fwd 15.20% Dividend Safety Rating: paid plans only
MSFU $40.13Direxion Daily MSFT Bull 2X Shares $0.3033/qtr$1.21/yr fwd 3.02% Dividend Safety Rating: paid plans only

PIZ Dividend History: Every Payment Since 2008

Ex-datePay dateAmountFrequencyType
Sep 21, 2026Sep 23, 2026$0.1275QuarterlyRegular
Jun 22, 2026Jun 24, 2026$0.4503QuarterlySpecial
Mar 23, 2026Mar 25, 2026$0.1519QuarterlyRegular
Dec 22, 2025Dec 24, 2025$0.2028QuarterlyRegular
Sep 22, 2025Sep 24, 2025$0.027QuarterlyRegular
Jun 23, 2025Jun 25, 2025$0.3806QuarterlyRegular
Mar 24, 2025Mar 26, 2025$0.1504QuarterlyRegular
Dec 23, 2024Dec 25, 2024$0.2876QuarterlyRegular
Sep 23, 2024Sep 25, 2024$0.0316QuarterlyRegular
Jun 24, 2024Jun 26, 2024$0.2017QuarterlyRegular
The other 50 PIZ payments come with a paid plan.
Show all 60 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for PIZ

UnlockDividend Safety Rating: paid plans only
See where PIZ lands, and why.
See the rating & factors »
Own PIZ? Your payouts fill in by themselves Add PIZ once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track PIZ →

PIZ Dividend Questions

How often does PIZ pay dividends?

PIZ pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.

Does PIZ pay dividends monthly?

No. PIZ pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next PIZ dividend?

PIZ has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 21, 2026, with the cash around Dec 23, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.1275 a share, went ex on Sep 21, 2026 and paid Sep 23, 2026. The current rate is $0.1275 per share, $0.51 a year.

Does PIZ pay a dividend in December 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Dec 21, 2026, with the cash around Dec 23, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.

How much does PIZ pay per share?

PIZ pays $0.1275 a share quarterly, $0.51 a year. At the Nov 13, 2026 close of $49.53 that is a 1.03% run-rate yield, near its usual level: its own 10-year median is 1.36%.

Does PIZ’s payout grow?

Its last 4 payments added up to $0.9325, against $0.8456 for the 4 before (+10.3%). A fund passes through what its holdings pay, so its payout moves with them rather than on a set raise schedule. Measured over a full year, the payout rate changed -20.7%.

Is PIZ’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. This is data, not investment advice. The full 3-check rating comes with a plan.

How do I track my PIZ dividends?

Add PIZ to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run PIZ in the DRIP calculator.

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How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 13, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 3 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.