QYLD cuts its monthly dividend 3.78% to $0.1780 per share

QYLD (Global X NASDAQ 100 Covered Call ETF) has announced a monthly dividend of $0.1780 per share, down 3.78% from the previous payment of $0.1850. The ex-dividend date for this payment is July 20, 2026.

The numbers

The new dividend continues a pattern of variability in recent monthly payments: $0.177 (Feb 23), $0.172 (Mar 23), $0.179 (Apr 20), $0.179 (May 18), $0.185 (Jun 22), and now $0.178 (Jul 20). At the current price of $17.66, the trailing twelve-month yield is 11.95% based on $2.1110 in dividends per share over the past year. However, the 5-year dividend compound annual growth rate (CAGR) is negative 4.3%, and the fund has zero consecutive years of dividend increases. For a full payment history, visit our dividend history page.

What it means for income investors

At the new monthly rate of $0.1780, an investor holding 100 shares would receive $17.80 per month, or $213.60 annually, compared to $222.00 under the previous rate. The annualized dividend per share at this rate would be $2.136, implying a forward yield of approximately 12.1% at the current price. This cut continues the fund's inconsistent dividend record, with no consecutive years of increases over the past five years.

Reporting based on: DividendSmart market data. Figures verified against market data where available.