The dividend yield is different every month depending on how it performs. So it's not the same percent each month. In 'uncertain' times the dividend has been higher (over 10%), but other times it has been lower.
My understanding so far: it seems that this stock will not do as well in a pure bull market (you will get better returns with a pure index fund). But it gives some of the benefits of a broader index fund, with some monthly income, with some protection from down side in a downturn. It could be really good in a 'sideways' time of risk and uncertainty. But you might be better off with an index fund in more bullish times. (How that relates to the upcoming 'election' or the idea of the collapse of the everything bubble, is another thing to consider).
Here is a nice discussion about JEPQ and the strategy behind it:
Thanks for explaining this to me. I pulled everything out of the market already because I don’t like what I’m seeing. I’d rather buy physical Silver because of the upside potential.
Yeah... I am doing something similar over time, but I want to keep some market exposure for when the rate cuts happen. Probably some gains to be made... But basically I'm steadily selling chunks and transferring to commodities.
Thx. Curious whether you are doing so just for the dividend or are you hoping for (or expecting) capital appreciation as well.
I only ask because I bought my first tranche of JEPI in December of 2021 and have added shares a number of times since then. But the price of the stock is down 12% from my first tranche and although I have averaged down since and reinvested all dividends, the overall performance of the stock has been unimpressive. Yes, the dividend is very nice and is definitely a part of our monthly cash flow computation (although we aren’t taking the income). So I can’t argue with that. But when I look at what some of my shipping positions have done in the same timeframe, up 30-70% with dividends from 3%-8%, JEPI has tied up a lot of capital that would have made a ton of money if invested elsewhere.
I’m not whining. But I’m starting to come to the conclusion that unless one actually needs the dividend income to pay the bills, so to speak, that the opportunity for capital appreciation is very low. JEPI is only up about 6% off the October 2023 low.
So again, it’s just a question of curiosity whether you view JEPQ as a capital appreciation and dividend play. Or just a dividend play.
Hello Gregory, I am wondering if you are aware of the the yeildmax etfs, namely: MSTY, NVDY, CONY, etc. The monthly dividend on these is way more lucrative that JEPI, JEPQ
The dividend has changed but I get a monthly dividend from both jepi and jepq. Jepq is higher now as far as dividend. Today I received both dividends per one thousand I received 9 dollars. Or 9.055555 when I do the math for say $1000. Also another idea is to buy some and sell puts at a lower price that you would want to acquire more so you are not chasing a high in the price.
Greg could you please explain in the next video how the dividends are paid out and how much income they generate each month.
For example $1,000 investment in JEPQ or JEPI.
Thanks
Joe
They’re paid monthly. Take the annual dividend (I think around 9%) and divide that by 12.
Ok, so I’m looking at the divided which is $4.86. If I have 1.000 shares do I get a $4,860 dividend payment each month?
The dividend yield is different every month depending on how it performs. So it's not the same percent each month. In 'uncertain' times the dividend has been higher (over 10%), but other times it has been lower.
My understanding so far: it seems that this stock will not do as well in a pure bull market (you will get better returns with a pure index fund). But it gives some of the benefits of a broader index fund, with some monthly income, with some protection from down side in a downturn. It could be really good in a 'sideways' time of risk and uncertainty. But you might be better off with an index fund in more bullish times. (How that relates to the upcoming 'election' or the idea of the collapse of the everything bubble, is another thing to consider).
Here is a nice discussion about JEPQ and the strategy behind it:
https://seekingalpha.com/article/4695630-jepq-understanding-covered-call-etfs-and-benefitting-from-uncertainty
Thanks for explaining this to me. I pulled everything out of the market already because I don’t like what I’m seeing. I’d rather buy physical Silver because of the upside potential.
Yeah... I am doing something similar over time, but I want to keep some market exposure for when the rate cuts happen. Probably some gains to be made... But basically I'm steadily selling chunks and transferring to commodities.
Thx. Curious whether you are doing so just for the dividend or are you hoping for (or expecting) capital appreciation as well.
I only ask because I bought my first tranche of JEPI in December of 2021 and have added shares a number of times since then. But the price of the stock is down 12% from my first tranche and although I have averaged down since and reinvested all dividends, the overall performance of the stock has been unimpressive. Yes, the dividend is very nice and is definitely a part of our monthly cash flow computation (although we aren’t taking the income). So I can’t argue with that. But when I look at what some of my shipping positions have done in the same timeframe, up 30-70% with dividends from 3%-8%, JEPI has tied up a lot of capital that would have made a ton of money if invested elsewhere.
I’m not whining. But I’m starting to come to the conclusion that unless one actually needs the dividend income to pay the bills, so to speak, that the opportunity for capital appreciation is very low. JEPI is only up about 6% off the October 2023 low.
So again, it’s just a question of curiosity whether you view JEPQ as a capital appreciation and dividend play. Or just a dividend play.
Thx.
Hello Gregory, I am wondering if you are aware of the the yeildmax etfs, namely: MSTY, NVDY, CONY, etc. The monthly dividend on these is way more lucrative that JEPI, JEPQ
Thanks
Also did JEPI
yes and oil stocks are dropping past few days and I am eyeing up more shares
The dividend has changed but I get a monthly dividend from both jepi and jepq. Jepq is higher now as far as dividend. Today I received both dividends per one thousand I received 9 dollars. Or 9.055555 when I do the math for say $1000. Also another idea is to buy some and sell puts at a lower price that you would want to acquire more so you are not chasing a high in the price.
JEPQ is forming a good cup and handle chart
Thanks for always keeping us updated.
Thanks for keeping your followers in the Loop!!!
me too
JEPI up .11%
JEPQ is forming a good cup and handle chart.
Today I'm educating myself more on the protective put strategy so I'll be prepared to implement it when the time comes.
Thanks, Greg. I did the same last week.
Greg, how long do you think you'll hold your position in JEPQ?
God Bless and Protect you:)