SGOV Dividend 2026: How Much $SGOV Pays Per Month

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SGOV Dividend Dates 2026: Every Ex-Date and Pay Date

$SGOV follows one of the most predictable calendars in the ETF world. The ex-dividend date and record date land on the first business day of the month, and the cash usually hits your account three to five business days later. Here is every 2026 payment so far plus the projected dates for the rest of the year.

How Much Does SGOV Pay Per Month?

This is the question most people searching for $SGOV really want answered. The table below uses two numbers: the latest monthly payout of $0.30055 and the trailing 12-month total of $3.67 per share, both at the October 2, 2026 price of $100.44.

Illustrative math before taxes. Future payouts will change with Treasury bill rates. Want to model reinvesting or a different amount? Try the free calculator at DividendProjection.com.

Flip it around and the math gets sobering: at the latest payout, earning $1,000 a month from $SGOV takes about 3,327 shares, or roughly $334,000. That is the trade-off with T-bill income. You get close to zero price risk, but you need a lot of capital to produce meaningful monthly cash. Compare that with higher-yield monthly payers in our full list of monthly dividend ETFs, and keep in mind that higher yield almost always means more risk.

SGOV Monthly Payout Trend (Last 24 Payments)

The chart shows every $SGOV payment from November 2024 through October 2026. Dark bars are 2026. Hover or tap a bar for the exact amount.

Two things jump out. First, the payout stepped down through 2025 as short-term rates eased, sliding from the $0.36 range to the low $0.30s. Second, 2026 has been remarkably stable. After the March low of $0.2724, payouts climbed back to $0.3071 in September and $0.30055 in October. For an income investor, a flat line is exactly what you want from a cash-like fund.

SGOV Dividends by Year

Yearly totals tell the interest rate story better than any chart. $SGOV launched in May 2020, when T-bill yields were close to zero, and its payouts were tiny for almost two years.

The peak came in 2024 at $5.12 per share, and the single biggest payment was $0.45809 in February 2024. Since then, payouts have come down with rates. The trailing 12 months total $3.67, down about 14.7% from the $4.30 paid in the 12 months before that.

3 Patterns in SGOV's Payout Calendar

• The March payment tends to dip. SGOV's March distribution mostly reflects interest earned in February, the shortest month. March 2026 paid $0.2724, the lowest of the year so far, and March 2023 paid $0.278, the lowest that year.
• December pays twice. There is a regular early-December payment plus a second one in the middle or late part of the month (December 19 in 2025, December 18 in 2024, December 14 in 2023). That second payment helps the fund distribute all of its income for the calendar year.
• There is no January ex-date. Because of the extra December payment, the next one after that lands in early February. You still get 12 payments a year, just not one in every calendar month.

Why SGOV's Dividend Moves With Interest Rates

$SGOV holds U.S. Treasury bills that mature in three months or less. Because those bills roll over constantly, the fund's income resets to current short-term rates within weeks. When T-bill yields rise, $SGOV's monthly payout rises soon after. When they fall, it falls just as fast.

That makes $SGOV one of the purest ways to collect the current short-term interest rate in a brokerage account. It does not try to beat T-bills with options, leverage or credit risk. That is also why its yield sits far below the covered call funds you will see on our highest yield monthly ETFs list. Those funds take on market risk to pay more. $SGOV pays the risk-free rate, minus a 0.09% expense ratio.

Does SGOV's Price Go Down?

Not in the way price decay hurts many high-yield income funds. $SGOV's share price follows a tight saw-tooth pattern: it creeps up a few cents each day as interest accrues, then drops by roughly the dividend amount on the ex-date. Over the past 52 weeks it traded between $100.27 and $100.73. Its one-year total return of 3.79% includes those distributions.

How SGOV Dividends Are Taxed

$SGOV's distributions come from Treasury bill interest, so they are generally taxed as ordinary income at the federal level. They are not qualified dividends. The good news for many investors is that interest from U.S. Treasury obligations is often exempt from state and local income tax. How much of that exemption flows through an ETF depends on your state's rules and on the share of income iShares reports as coming from Treasuries each year.

If you live in a high-tax state, that state exemption can make $SGOV's after-tax yield more competitive with a bank account or money market fund than the headline numbers suggest. Always check iShares' annual tax supplement and talk to a tax professional before relying on it.

SGOV vs BIL vs USFR vs TBIL vs CSHI vs WEEK

$SGOV is the largest fund in its category, but it is not the only way to earn T-bill income. Here is how it stacks up against the other popular cash-like ETFs as of the October 2, 2026 close.

• $SGOV vs $BIL: nearly identical income. $SGOV wins on cost (0.09% vs 0.14%) and size, and it posted a slightly better one-year total return.
• $USFR holds floating-rate notes rather than T-bills. It has edged out $SGOV over the past year, but its payout calendar runs late in the month instead of the first business day.
• $CSHI from NEOS pays more by adding an options overlay on top of T-bills. That extra income comes with a small amount of stock market risk, so it is not a pure cash substitute.
• $WEEK from Roundhill holds similar T-bills but pays every week. If you want even more frequent income, browse every weekly payer at WeeklyETFs.com.

Full SGOV Dividend History

Every $SGOV distribution since the fund launched in May 2020, newest first. That's 75 payments and $18.33 per share in total.

Dividend data source: public records via StockAnalysis.com. Change compares each payment with the one before it.

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Sponsored By Read carefully before investing. Prospectus: https://lsfunds.com/hubfs/Regulatory/Prospectus.pdf?hsLang=en