How often does Jepi pay dividends? (2024)

How often does Jepi pay dividends?

JEPI Dividend Information

How does JEPI pay such a high dividend?

What Has Made JEPI A Huge Success? It's important for investors to understand that JEPI is not a pure equity ETF, it's a covered call ETF, which generates a high yield by selling call options against holdings within the portfolio.

Should I buy JEPI stock?

What do analysts say about JEPI? JEPI's analyst rating consensus is a Moderate Buy. This is based on the ratings of 118 Wall Streets Analysts.

Is SCHD better than JEPI?

Overall, SCHD is a better option if you are looking for a passively managed ETF with a low expense ratio and consistent performance over the last ten years. If you want an actively managed ETF with a high dividend yield over the last several years and a well-diversified portfolio, then JEPI is a better option.

Is JEPI tax efficient?

JEPI may be tax-inefficient, as distributions from the fund may be taxed as income, and dividends from underlying stock holdings are not considered qualified because of the offsetting options positions. JEPI isn't eligible for Tax-Loss Harvesting, since we can't find a viable alternate fund.

What is the downside to JEPI?

Cons of Investing in JEPI

Market risk: Like all investment securities, JEPI is subject to market risk. For example, although JEPI can reduce market volatility, negative returns can still occur, as was the case in 2022 when JEPI outperformed stocks and bonds but still had a price decline of –3.52%.

Is JEPI safe for retirement?

One reason why JEPI is not a great choice for retirees is that its 0.35% expense ratio is rather high compared to many other passive income funds. For example, SCHD's expense ratio is only 0.06%. While over a single year, 0.29% does not seem like very much, throughout a long period that amount can add up.

Is JEPI safe long term?

Due to its defensive structure, JEPI may underperform in the long run. This is not necessarily a bad thing because we are not forgetting what we like about JEPI: low volatility. Reducing it comes at a price and in this case it is not too high.

Is JEPI yield sustainable?

JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is designed primarily for income-focused investors as it pays a monthly dividend. Based on its relatively attractive 8.3% payout, it's expected to be a core holding of income investors looking to focus on generating a sustainable monthly dividend.

Should I invest in JEPI or JEPQ?

JEPI and JEPQ both sport strong dividend yields, a significant benefit for investors, and their core investment thesis. Both are ultimately income vehicles, which investors buy (or not) for their dividends. JEPQ's yield is quite a bit higher, at 11.1% versus 9.3%, an important advantage of the fund compared to JEPI.

Is JEPI a good short term investment?

JEPI can be a solid investment for those in search of immediate, consistent cash flow, particularly in bear markets. It is ideal for retirees or those ready to live off their investments.

What ETF pays the highest dividend?

Why is SCHD so popular?

Overall, SCHD remains an attractive option for investors looking to balance income and growth in their portfolio. Its focus on quality large cap dividend payers, low expense ratio, and strong historical performance make it a solid choice for diversification and long-term investing.

Is JEPI a conservative investment?

JEPI is a conservative equity solution comprised of two fundamental building blocks: a defensive equity portfolio of U.S. large cap stocks and a disciplined options overlay.

Is JEPI good for Roth?

To unlock greater income potential in a Roth IRA, investors can opt for a derivative income fund such as JEPI, which uses more complex options selling strategies to produce higher-than-average yields.

How does JEPI pay out?

JEPI Dividend Information

JEPI has a dividend yield of 7.69% and paid $4.26 per share in the past year. The dividend is paid every month and the last ex-dividend date was Apr 1, 2024.

Why is JEPI not good?

Summary. JEPI is not a bad ETF, but it and its peer group (covered call ETFs) are overrated by investors. And the cracks are starting to show. Extended down markets that don't immediately get back up are a risk to these ETFs not fully understood by many investors.

Is JEPI dividend safe?

However, it is important to note that JEPI is not a safe ETF by any means. A covered call strategy can buffer against losses, but only to the amount of premium received. It is not a true hedge, and still exposes investors to more or less the same downside risk.

Why is JEPI dropping?

JEPI's distributions declined by almost 30% from 2022 to 2023, due to lower option prices and premiums from decreased equity volatility. Distributions remain higher than during 2021, however. Distributions seem unlikely to recover, although much will depend on future option prices.

Is there a better ETF than JEPI?

In 2023, SPYI generated total returns of 18.13% and price returns of 4.69%. JEPI's total returns were 9.81% with price returns of 0.90% over the same period. SPYI remains a consistent outperformer within the category and has a management fee of 0.68%.

Which is safer JEPI or JEPQ?

The current volatility for JPMorgan Equity Premium Income ETF (JEPI) is 2.26%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.39%. This indicates that JEPI experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure.

Is the JEPI dividend a buy or sell?

JEPI 20-day moving average is 56.85, which suggests JEPI is a Sell.

Is JEPI good for an IRA?

Both funds are best in retirement accounts to reduce taxation on dividend payments. But JEPI's 9%+ dividend is critically impacted by taxation in taxable accounts. Buy JEPI in an IRA or Roth to maximize the income benefit. SCHD is better for taxable accounts than JEPI.

What does JEPI pay monthly?

It should be noted that JEPI's dividend payout can vary from month to month, but it currently yields an attractive 10.2%. Using the last 12 months' payments, which range from $0.29 to $0.61 cents, we can simplify things by saying that the average dividend payment works out to $0.46 per month.

Is it OK to hold ETF long term?

Nearly all leveraged ETFs come with a prominent warning in their prospectus: they are not designed for long-term holding. The combination of leverage, market volatility, and an unfavorable sequence of returns can lead to disastrous outcomes.