I love QYLD as it provides me with monthly dividends. The current dividend yield is 12.87%. QYLD does this really well by using a Covered Call Strategy in which the Fund buys the stocks in the Nasdaq 100 Index and "sells" corresponding call options on the same index. This is usually the domain of expert traders and big institutions.
QYLD has been paying monthly dividends 11 years consecutively.
Morningstar has awarded QYLD a 4 star overall rating out of 77 Derivative Income Funds.
QYLD just went ex dividend on March 24 and the next one is due in April. Ka-ching! 🌈🌈🌈💰💰💰
@TigerClub @CaptainTiger @TigerStars @Tiger_comments @Daily_Discussion
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Open | 16.84 1 | +4.10% Holding |
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Great article, would you like to share it?
Great article, would you like to share it?