# Madison Dividend Value ETF (DIVL) — Dividends

DIVL · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/divl/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | monthly |
| Trailing 12 months | $0.44 |
| Forward yield | 1.75% |
| Growth streak | — |

Madison Dividend Value ETF pays a monthly distribution. Its most recent payment was $0.04 per share, with an [ex-date](/instructions/learning/ex-dividend-date) of September 28, 2026 and a pay date of September 30, 2026. Over the trailing twelve months, the fund paid $0.44 per share, a [yield](/instructions/learning/dividend-yield) of 1.80% at a share price of $24.60.

The monthly amounts are small and vary from month to month. Ex-dates fall in the last week of the month, and payment follows two to four days later, at or near month-end. The history shown starts in February 2025. The eleven payments listed for 2025 ranged from $0.02 to $0.06 and added up to $0.38. The largest was $0.06 in December.

In 2026, nine payments so far have also ranged from $0.02 to $0.06 and added up to $0.32. The lowest were $0.02 in January and February, and the highest was $0.06 in March. The four most recent payments, from June to September, were $0.03 or $0.04. The average payment in both years has been between three and four cents. If the pattern holds, the next distribution would go ex-distribution in late October 2026 and be paid at the end of the month.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 28, 2026 | Sep 30, 2026 | $0.04 |
| Aug 27, 2026 | Aug 31, 2026 | $0.04 |
| Jul 29, 2026 | Jul 31, 2026 | $0.03 |
| Jun 26, 2026 | Jun 30, 2026 | $0.04 |
| May 27, 2026 | May 29, 2026 | $0.04 |
| Apr 28, 2026 | Apr 30, 2026 | $0.03 |
| Mar 27, 2026 | Mar 31, 2026 | $0.06 |
| Feb 25, 2026 | Feb 27, 2026 | $0.02 |
| Jan 28, 2026 | Jan 30, 2026 | $0.02 |
| Dec 26, 2025 | Dec 30, 2025 | $0.06 |
| Nov 26, 2025 | Nov 28, 2025 | $0.04 |
| Oct 29, 2025 | Oct 31, 2025 | $0.02 |
| Sep 26, 2025 | Sep 30, 2025 | $0.04 |
| Aug 27, 2025 | Aug 29, 2025 | $0.03 |
| Jul 29, 2025 | Jul 31, 2025 | $0.02 |
| Jun 26, 2025 | Jun 30, 2025 | $0.04 |
| May 28, 2025 | May 30, 2025 | $0.03 |
| Apr 28, 2025 | Apr 30, 2025 | $0.04 |
| Mar 27, 2025 | Mar 31, 2025 | $0.03 |
| Feb 26, 2025 | Feb 28, 2025 | $0.03 |

## Frequently Asked Questions

### Does Madison Dividend Value ETF (DIVL) pay a distribution?

Yes. Madison Dividend Value ETF pays a monthly distribution; the most recent payment was $0.04 per share.

### What is DIVL's distribution yield?

Madison Dividend Value ETF paid $0.44 per share over the trailing twelve months, a yield of 1.75% at the last price of $25.32. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is DIVL's most recent ex-distribution date?

Madison Dividend Value ETF's most recent ex-distribution date is Sep 28, 2026, payable on Sep 30, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).