GOOYYieldMax GOOGL Option Income ETF
Current Price$14.98
Dividend Yield38%
Annual Dividend$7.41
Pay FrequencyMonthly

Calculate GOOY Income

How much you want to invest in GOOY
Current market price
Annual yield percentage
Annual GOOY Income$3800
Monthly Income$317
Shares Owned667
Effective Yield38%
Phin Smith
CREATED BY Phin Smith UPDATED
Based on 3 sources
Reviewed by Expert
974 people found this helpful

How to Calculate GOOY Dividend Income

Follow these steps to estimate your GOOY dividend income:

  1. Enter investment amount - How much you want to invest in GOOY.
  2. Verify the share price - The calculator uses current price of $14.98.
  3. Check the yield - GOOY currently yields 38% annually.
  4. View your projected income - See annual, monthly, and quarterly estimates.
Note: GOOY pays dividends monthly, so you'll receive 12 payments per year.

About YieldMax GOOGL Option Income ETF (GOOY)

High-yield ETF using options strategy on Alphabet stock.

GOOY Key Facts

  • Dividend Yield: 38% annually
  • Payment Frequency: Monthly
  • Sector: ETF
  • Expense Ratio: 0.99%

Frequently Asked Questions

Is GOOY a good dividend investment?

GOOY offers a 38% yield with monthly payments. Whether it's right for you depends on your income needs, risk tolerance, and overall portfolio strategy.

How often does GOOY pay dividends?

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

What is GOOY's current dividend yield?

GOOY currently yields approximately 38% based on a price of $14.98 and annual dividend of $7.41 per share.

Can GOOY cut its dividend?

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

How many shares of GOOY should I buy?

It depends on your goals and portfolio size. A $10,000 investment would buy approximately 667 shares, generating about $3800 in annual dividends.

Investing in GOOY for Dividend Income

YieldMax GOOGL Option Income ETF (GOOY) offers investors a high-yield income opportunity with its current 38% dividend yield. As an ETF with a 0.99% expense ratio, GOOY provides diversified exposure to dividend-paying stocks with professional management.

Monthly dividend payers like GOOY 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 GOOY, 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.