Pacer US Cash Cows 100 ETF (COWZ) Dividend

Pacer US Cash Cows 100 ETF (COWZ) currently pays a dividend yield of 0.62%, distributing $0.45 per share annually ($0.11 per quarter). It is an exchange-traded fund, so its distribution reflects the dividends collected from its underlying holdings.

COWZ dividend at a glance

Dividend Yield0.62%
Annual Dividend$0.45 per share
Per Payment$0.11
Payout FrequencyQuarterly
Payments per Year4
Next Ex-Dividend DateSeptember 4, 2026
Next Payment DateSeptember 25, 2026
TypeExchange-Traded Fund
Implied Share Price (from yield)$72.26

What COWZ pays on a $10,000 investment

At a 0.62% yield, $10,000 invested in COWZ generates about $62.00 per year, or roughly $15.50 every quarter. Share counts below use an implied price of $72.26, derived from the $0.45 annual dividend and the 0.62% yield.

Amount InvestedApprox. SharesAnnual Dividend IncomeIncome per Quarter
$1,00013.8$6.20$1.55
$5,00069.2$31.00$7.75
$10,000138.4$62.00$15.50
$25,000346$155.00$38.75
$100,0001,383.9$620.00$155.00

These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.

COWZ dividend payment schedule

COWZ pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 4, 2026, with payment on September 25, 2026. Later rows are projected forward at the same interval and will shift when Pacer US Cash Cows 100 ETF declares each dividend.

Ex-Dividend DatePayment DateAmount per ShareStatus
September 4, 2026September 25, 2026$0.11Confirmed
December 4, 2026December 25, 2026$0.11Projected
March 4, 2027March 25, 2027$0.11Projected
June 4, 2027June 25, 2027$0.11Projected

To collect a COWZ dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.

How COWZ's dividend compares

Across the 713 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.76%. COWZ's 0.62% is 3.14 percentage points below that median, ranking 641st of 713 by yield.

Among the 87 dividend ETFs we track, the median yield is 4.75% — putting COWZ below that group.

What the numbers mean

Payout ratio is not reported for COWZ because it is a fund rather than an operating company — an ETF distributes the income it collects from its holdings, so there are no company earnings to measure the payout against.

Like most US dividend payers, COWZ distributes quarterly, so a full year of ownership produces four payments.

Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of fund pays them. See the qualified vs. ordinary dividend rules.

COWZ dividend FAQ

When is the next COWZ ex-dividend date?

The next COWZ ex-dividend date is September 4, 2026, with the payment scheduled for September 25, 2026. You must own shares before the ex-dividend date to receive that payment.

What is COWZ's dividend yield?

COWZ currently yields 0.62%, based on $0.45 in dividends per share over the past year.

How often does COWZ pay dividends?

COWZ pays quarterly, which works out to 4 payments per year of about $0.11 per share.

How much dividend income would $10,000 of COWZ generate?

At the current 0.62% yield, $10,000 invested in COWZ would produce roughly $62.00 per year, or about $15.50 per quarter, before taxes and assuming the dividend holds.

Is COWZ a Dividend Aristocrat?

No. COWZ is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.

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Track COWZ dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.