Market dataIncome framework read
ETFs and Income FundsTSXCanada

XDV.TO

iShares Canadian Select Dividend Index ETF

Multi-Sector (ETF / Fund)ETF basketMonthly

Market Snapshot

$47.28

+$0.15 (30.77%)

Toronto

Yield

N/A

Rate $1.55

Next Payment

Next pay N/A

Ex-date N/A

52wk Position

98.21%

-0.47% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Monthly income profile is visible

XDV.TO has an income profile aligned with its etfs and income funds role. Provider data shows 12 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

XDV.TO does not cover one full share per payment at the default 100-share test. Coverage is 0.4.

3

Main watch item

Editorial framework

DRIP coverage is the weak point

XDV.TO is below the defended default DRIP zone. The practical watch item is share count versus current price, not just stated yield.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Failed
Cash
$19.10
APR
0.404
Coverage
0.404

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
$19.10
Cushion
-$28.17
Cushion %
-59.60%
Current $47.28Break $19.10

Smart Recommendation

XDV.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Payout sustainability

Strong

1mo ago

DRIP availability

Available

1mo ago

Tax character

Eligible dividend

1mo ago

Distribution history

Multi-decade

1mo ago

Structure complexity

Simple

1mo ago

Income trend

Stable

1mo ago

Account suitability

TFSA eligible

1mo ago

Structure Overview

iShares Dow Jones Canada Select Dividend Index ETF (XDV) is one of the oldest Canadian dividend ETFs, tracking a yield-weighted index of high-yielding TSX-listed equities. XDV pays monthly distributions, primarily eligible dividends. Its yield-weighting methodology results in higher concentration in financials and energy compared to market-cap-weighted alternatives.

Canadian Planning Notes

  • 1XDV's yield-weighting can result in higher sector concentration than market-cap ETFs; verify the current top-10 holdings to understand financials and energy exposure.
  • 2Eligible dividends pass through monthly; confirm the T3 annually for capital gains distribution activity.
  • 3DRIP is widely available; XDV's long track record makes historical yield and total return comparison straightforward.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$47.28

Previous close

$47.13

Day range

$47.00 - $47.29

52wk range

$34.90 - $47.50

Market cap

N/A

Volume

21.4K

Avg volume

32.8K

Exchange

Toronto

Dividend and distribution

Forward rate

N/A

Trailing rate

$1.55

Forward yield

N/A

Trailing yield

N/A

Per payment

$0.19

Cadence

Monthly

Next ex-date

N/A

Next pay

N/A

Last dividend

$0.19

Last dividend date

May 21, 2026

Performance

Daily change

$0.15

Daily change %

30.77%

52wk position

98.21%

Below 52wk high

-0.47%

Above 52wk low

35.47%

Open

$47.01

Earnings and financials

Trailing EPS

N/A

Forward EPS

N/A

Revenue

N/A

Revenue growth

N/A

Profit margin

N/A

Operating margin

N/A

Payout ratio

N/A

Free cash flow

N/A

Total cash

N/A

ROE

N/A

ROA

N/A

Debt/equity

N/A

Beta

N/A

Valuation

Trailing P/E

16.5

Forward P/E

N/A

Price/sales

N/A

Price/book

N/A

Enterprise value

N/A

EV/EBITDA

N/A

Analyst facts

Target mean

N/A

Target high

N/A

Target low

N/A

Recommendation mean

N/A

Recommendation key

N/A

Analysts

N/A

Canadian Context

Account placement

TFSA

Mixed-character distributions are usually easiest to handle in a TFSA because annual tax reporting is avoided.

RRSP: Also shelters distribution complexity.

Non-registered: Review T3 or issuer tax breakdown before using a taxable account.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

Run Your Numbers

Carry this holding into a calculator

Use a planning tool that matches this holding's structure, payout timing, and income use case.

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.