QYLD Dividend History, Dates & Yield - Stock Analysis (2024)

FAQs

QYLD Dividend History, Dates & Yield - Stock Analysis? ›

QYLD Dividend Information

When is QYLD ex-dividend date? QYLD's previous ex-dividend date was on Apr 22, 2024. QYLD shareholders who own QYLD ETF before this date received QYLD's last dividend payment of $0.17 per share on Apr 30, 2024. QYLD's next ex-dividend date has not been announced yet.

The average price target for QYLD is $20.15. This is based on 103 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $24.49 ,the lowest forecast is $16.13. The average price target represents N/A Increase from the current price of N/A.

The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index.

QYLD - Performance Comparison. In the year-to-date period, JEPQ achieves a 6.52% return, which is significantly higher than QYLD's 4.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.

Latest Holdings, Performance, AUM (from 13F, 13D)

QYLD - Global X NASDAQ 100 Covered Call ETF's top holdings are Microsoft Corporation (US:MSFT) , Apple Inc. (US:AAPL) , Amazon.com, Inc. (US:AMZN) , NVIDIA Corporation (US:NVDA) , and Broadcom Inc. (US:AVGO) .

RYLD has a conensus rating of Moderate Buy which is based on 1222 buy ratings, 611 hold ratings and 55 sell ratings.

QYLD is subject to equity market risk. The upside potential is limited to the income produced by the call options, but the fund has all of the downside risk of the NASDAQ 100 Index.

Is XYLD a Buy, Sell or Hold? XYLD has a conensus rating of Moderate Buy which is based on 399 buy ratings, 98 hold ratings and 8 sell ratings.

Cons. No guarantee of future dividends. Stock price declines may offset yield. Dividends are taxed in the year they are distributed to shareholders.

Will QYLD go to zero? ›

Over time, the fund is mathematically destined to go to zero as it pays out capital above its net profits. Second, in July, we published "QYLD: Substandard Returns Set To Continue", which provided a performance update for the ETF and talked more about what kinds of markets we expect the fund will do well in.

QYLD's Long-Term Performance

Meanwhile, it has a three-year annualized return of 6.9% and a five-year annualized return of 5.7%. Keep in mind that these returns include what investors gain from the large dividend payouts, so they suddenly look a lot less exciting.

As of March 21, 2023, QYLD boasts a 12-month trailing yield of 13.02%. However, it's important to look beyond this to consider total returns. The bottom line is – QYLD will likely underperform a regular long-only Nasdaq 100 ETF over long periods of time.

Highlights. Firms pay no dividends due to cash constraints and investment opportunities. Firms do not pay dividends because of poor profitability and earnings. Firms avoid paying dividends due to the cost of raising external funds.

QYLD is subject to equity market risk. The upside potential is limited to the income produced by the call options, but the fund has all of the downside risk of the NASDAQ 100 Index.

The chief cause of a dividend suspension is the issuing company is under financial strain. Because dividends are issued to shareholders out of a company's retained earnings, a struggling company may choose to suspend dividend payments to safeguard its financial reserves for future expenses.

While a company may choose to regularly issue dividend payments for decades on end, the board of directors can also choose to reduce those payments or even entirely discontinue the practice at any time. Unlike the interest on a bond, a company is not required to make dividend payments to its shareholders.