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The Dividend Value ETF seeks to produce current income while providing an opportunity for capital appreciation. To pursue this objective, the ETF invests in equity securities of companies with a market capitalization of over $1 billion. The ETF's portfolio managers will identify investment opportunities by screening for companies that generally have a dividend yield greater than the S&P 500 Index, a strong balance sheet, and a dividend that has been maintained and which they believe is likely to increase. An active income solution that employs a relative yield and high-quality approach to mitigate risk while pursuing an above-market dividend yield.
Madison Dividend Value ETF trades on the ARCA stock market under the symbol DIVL.
As of July 2, 2026, DIVL stock price was flat at $24.34 with 9 million shares trading.
DIVL has a market cap of $60.24 million. This is considered a Micro Cap stock.
DIVL has underperformed the market in the last year with a price return of +10.2% while the SPY ETF gained +21.8%. DIVL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.5% and -0.4%, respectively, while the SPY returned +14.0% and +1.0%, respectively.
DIVL support price is $24.19 and resistance is $24.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DIVL shares will trade within this expected range on the day.
