Does PWRD pay a dividend?

Yes. TCW Transform Systems ETF pays a annual dividend, currently yielding 0.06% based on trailing twelve-month payments of $0.06 per share.

How much does PWRD pay in dividends?

$0.06 per share over the last twelve months, paid annual. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next PWRD ex-dividend date?

No upcoming ex-dividend date is currently on record for PWRD. Dates appear here once the company declares them.

PWRD Dividend

TCW Transform Systems ETF

NASDAQFinancial ServicesETFData as of August 12, 2026

Dividend yield: 0.06%
Annual dividend: $0.06
Payout ratio: —
Frequency: Annual
Share price: $106.20
Market cap: $745M

Is PWRD a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median0.06% against a median of 2.89%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Payout ratio does not applyThis is a fund. It distributes income received from its holdings rather than paying out of its own earnings, so a payout ratio is not a meaningful measure.
Dividend has been cut 3 timesAcross 4 complete years, the annual total fell in 2023, 2024, 2025. The most recent reduction was in 2025.

PWRD dividend history

Annual dividend per share, 2022 to 2025.

Peak $0.4982 in 2022Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 15 dividend payments for PWRD, most recent first.
Ex-dividend date	Pay date	Amount	Type
June 23, 2026	June 25, 2026	$0.0607	Annual
June 23, 2025	June 25, 2025	$0.1670	Quarterly
March 24, 2025	March 26, 2025	$0.0441	Quarterly
December 23, 2024	December 26, 2024	$0.0664	Quarterly
September 23, 2024	September 25, 2024	$0.0614	Quarterly
June 24, 2024	June 26, 2024	$0.1875	Quarterly
March 18, 2024	March 20, 2024	$0.0439	Quarterly
December 19, 2023	December 21, 2023	$0.1460	Quarterly
September 19, 2023	September 21, 2023	$0.0593	Quarterly
June 20, 2023	June 22, 2023	$0.1965	Quarterly
March 21, 2023	March 23, 2023	$0.0395	Quarterly
December 20, 2022	December 22, 2022	$0.1190	Quarterly
September 20, 2022	September 22, 2022	$0.1300	Quarterly
June 21, 2022	June 23, 2022	$0.1400	Quarterly
March 22, 2022	March 24, 2022	$0.0440	Quarterly

How much would PWRD pay you?

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Frequently asked questions

Does PWRD pay a dividend?: Yes. TCW Transform Systems ETF pays a annual dividend, currently yielding 0.06% based on trailing twelve-month payments of $0.06 per share.
How much does PWRD pay in dividends?: $0.06 per share over the last twelve months, paid annual. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next PWRD ex-dividend date?: No upcoming ex-dividend date is currently on record for PWRD. Dates appear here once the company declares them.