AMZYYieldMax AMZN Option Income ETF
Current Price$21.00
Dividend Yield35%
Annual Dividend$7.35
Pay FrequencyMonthly

Calculate AMZY Income

How much you want to invest in AMZY
Current market price
Annual yield percentage
Annual AMZY Income$3500
Monthly Income$292
Shares Owned476
Effective Yield35%
Phin Smith
CREATED BY Phin Smith UPDATED
Based on 3 sources
Reviewed by Expert
1,165 people found this helpful

How to Calculate AMZY Dividend Income

Follow these steps to estimate your AMZY dividend income:

  1. Enter investment amount - How much you want to invest in AMZY.
  2. Verify the share price - The calculator uses current price of $21.00.
  3. Check the yield - AMZY currently yields 35% annually.
  4. View your projected income - See annual, monthly, and quarterly estimates.
Note: AMZY pays dividends monthly, so you'll receive 12 payments per year.

About YieldMax AMZN Option Income ETF (AMZY)

Covered call ETF generating income from Amazon stock options.

AMZY Key Facts

  • Dividend Yield: 35% annually
  • Payment Frequency: Monthly
  • Sector: ETF
  • Expense Ratio: 0.99%

Frequently Asked Questions

Is AMZY a good dividend investment?

AMZY offers a 35% yield with monthly payments. Whether it's right for you depends on your income needs, risk tolerance, and overall portfolio strategy.

How often does AMZY pay dividends?

AMZY pays dividends monthly, which means you receive 12 dividend payments per year.

What is AMZY's current dividend yield?

AMZY currently yields approximately 35% based on a price of $21.00 and annual dividend of $7.35 per share.

Can AMZY cut its dividend?

Any investment can potentially reduce dividends during difficult economic conditions. Review AMZY's dividend history and payout ratio to assess sustainability.

How many shares of AMZY should I buy?

It depends on your goals and portfolio size. A $10,000 investment would buy approximately 476 shares, generating about $3500 in annual dividends.

Investing in AMZY for Dividend Income

YieldMax AMZN Option Income ETF (AMZY) offers investors a high-yield income opportunity with its current 35% dividend yield. As an ETF with a 0.99% expense ratio, AMZY provides diversified exposure to dividend-paying stocks with professional management.

Monthly dividend payers like AMZY are particularly attractive for retirees and income investors who prefer regular cash flow. The more frequent payment schedule can help with budgeting and reduces the time money sits idle between payments.

Use this calculator to project your potential dividend income from AMZY, model different investment scenarios, and plan your path toward financial goals. For comprehensive analysis, combine these projections with our tax calculator for after-tax returns and DRIP calculator for long-term compounding effects.

Sources

This calculator is based on the following authoritative sources:

  1. Investopedia - Dividend Yield Definition

    Comprehensive guide to dividend yield calculation and evaluation methodology.

  2. Yahoo Finance - Stock Data

    Real-time stock prices, dividend information, and financial data.

  3. SEC EDGAR - Company Filings

    Official SEC filings with dividend announcements and financial reports.