When the markets are in the doldrums, I seek the comfort of Dividends. QYLD does it well with monthly distributions 10 years running. The current dividend yield is 12.03%. QYLD does this by writing call options on the Nasdaq 100 Index, normally the domain of big institutions and expert traders. Dividends are a great source of passive income for me while waiting for capital growth.
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 17.98 | +0.84% Holding |
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So high dividend yield, looks really good.