JEPQ dividend history and calculator: every monthly payout since 2022
JEPQ has paid a distribution every month since June 2022. Unlike QQQI, its payout moves with market volatility, from under 0.8% to over 1.6% of the share price. Here is the record by year and the last twelve payouts.
JEPQ payouts by year
2022 (June to December, 8 payouts): 3.85 a share, about 8.7% of the price summed across the ex-dates. 2023 (12 payouts): 5.00 a share, about 10.8%. 2024: 5.44 a share, about 10.1%. 2025: 6.12 a share, about 11.2%. 2026 through the November 2 payout (10 payouts): 5.82 a share, about 9.9%.
JEPQ pays at the start of each month, and some years show a payout on December 31 that belongs to January. Of 54 payouts so far, 23 were lower than the one before.
JEPQ dividend calculator
Income calculator: pick a fund and an amount (or a number of shares) to see a year of payouts at the latest rate, the last twelve months of payouts, and how much it would take to reach a monthly income goal. It runs in your browser with JavaScript on. The figures, through the 2026-11-13 close, with total return measured with every payout reinvested, from each fund's first close:
| Fund | Payouts a year | Trailing 12 month yield | Total return a year | Index | Index a year | Share price since launch |
|---|---|---|---|---|---|---|
| QQQI | 12 | 14.9% | 16.2% | QQQ | 18.9% | 2.6% |
| JEPQ | 12 | 12.4% | 14.2% | QQQ | 18.0% | 10.0% |
| GPIQ | 12 | 10.9% | 22.9% | QQQ | 25.6% | 36.7% |
| QDTE | 52 | 45.9% | 17.0% | QQQ | 17.7% | -42.9% |
| QYLD | 12 | 12.1% | 8.9% | QQQ | 19.1% | -23.4% |
| SPYI | 12 | 12.0% | 14.2% | SPY | 18.0% | 6.8% |
| JEPI | 12 | 7.9% | 11.4% | SPY | 17.2% | 16.1% |
| GPIX | 12 | 8.4% | 21.5% | SPY | 23.5% | 40.0% |
| XYLD | 12 | 10.3% | 8.4% | SPY | 14.8% | -4.8% |
| DIVO | 12 | 6.4% | 12.5% | SPY | 14.7% | 89.7% |
| SCHD | 4 | 2.9% | 13.8% | SPY | 14.8% | 184.3% |
| IWMI | 12 | 14.8% | 14.7% | IWM | 15.8% | -2.3% |
| MSTY | 52 | 156.7% | 9.5% | MSTR | 17.9% | -89.6% |
| NVDY | 52 | 65.1% | 41.9% | NVDA | 64.3% | -55.5% |
| TSLY | 52 | 74.7% | 9.2% | TSLA | 21.0% | -89.4% |
| CONY | 52 | 138.2% | 1.2% | COIN | 15.8% | -93.2% |
| ULTY | 53 | 101.9% | -1.2% | QQQ | 18.2% | -89.4% |
| BTCI | 12 | 34.5% | -0.3% | IBIT | 1.1% | -44.1% |
The last twelve payouts
Ex-date, amount per share, and that amount as a share of the day's closing price: December 1, 2025: 0.553 (0.95%). December 31, 2025: 0.576 (0.99%). February 2, 2026: 0.466 (0.78%). March 2: 0.509 (0.88%). April 1: 0.559 (1.01%). May 1: 0.591 (1.00%). June 1: 0.564 (0.93%). July 1: 0.637 (1.06%). August 3: 0.705 (1.21%). September 1: 0.683 (1.16%). October 1: 0.567 (0.93%). November 2: 0.540 (0.96%).
Why the JEPQ payout moves so much
JEPQ earns its income from options linked to the Nasdaq-100, and an option's premium rises with expected volatility. When the market is calm the payout drops (0.75% to 0.8% of the price in mid 2022 and early 2026); after a sell-off it rises (1.62% in November 2022, 1.21% in August 2026). So the income is highest just after the price has fallen, and lowest in a quiet rally.
QQQI and GPIQ instead pay a near constant share of their price each month. The QQQI dividend history shows the difference.
Payout and total return
JEPQ closed near 55.68 in this pull. Its share price rose only about 2% a year since May 2022, so most of the return came through the payouts. With every payout reinvested JEPQ returned about 14.0% a year against QQQ's 18.1% on the same days; the JEPQ review has the year by year numbers and the 2023 rebound it missed.
How we measured
Daily closing prices from Yahoo Finance through midday November 13, 2026, split adjusted. Total return reinvests each distribution on its ex-date. Each fund is compared with what it tracks on exactly the same days, from the fund's first close. No taxes or trading costs are included, and past returns do not predict future ones. This is a measurement, not advice for anyone's account. The total-return figures are from the November 12, 2026 pull through the November 11 close.
Measured from daily closes and distributions, every payout reinvested, each fund against its index on the same days. Past returns do not predict future ones. This is education, not a recommendation to buy or sell anything.