NVDYYieldMax NVDA Option Income ETF
Current Price$28.50
Dividend Yield85%
Annual Dividend$24.23
Pay FrequencyMonthly

Calculate NVDY Income

How much you want to invest in NVDY
Current market price
Annual yield percentage
Annual NVDY Income$8500
Monthly Income$708
Shares Owned350
Effective Yield85%
Phin Smith
CREATED BY Phin Smith UPDATED
Based on 3 sources
Reviewed by Expert
1,059 people found this helpful

How to Calculate NVDY Dividend Income

Follow these steps to estimate your NVDY dividend income:

  1. Enter investment amount - How much you want to invest in NVDY.
  2. Verify the share price - The calculator uses current price of $28.50.
  3. Check the yield - NVDY currently yields 85% annually.
  4. View your projected income - See annual, monthly, and quarterly estimates.
Note: NVDY pays dividends monthly, so you'll receive 12 payments per year.

About YieldMax NVDA Option Income ETF (NVDY)

Covered call ETF generating high income from NVIDIA stock options.

NVDY Key Facts

  • Dividend Yield: 85% annually
  • Payment Frequency: Monthly
  • Sector: ETF
  • Expense Ratio: 0.99%

Frequently Asked Questions

Is NVDY a good dividend investment?

NVDY offers a 85% yield with monthly payments. Whether it's right for you depends on your income needs, risk tolerance, and overall portfolio strategy.

How often does NVDY pay dividends?

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

What is NVDY's current dividend yield?

NVDY currently yields approximately 85% based on a price of $28.50 and annual dividend of $24.23 per share.

Can NVDY cut its dividend?

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

How many shares of NVDY should I buy?

It depends on your goals and portfolio size. A $10,000 investment would buy approximately 350 shares, generating about $8500 in annual dividends.

Investing in NVDY for Dividend Income

YieldMax NVDA Option Income ETF (NVDY) offers investors a high-yield income opportunity with its current 85% dividend yield. As an ETF with a 0.99% expense ratio, NVDY provides diversified exposure to dividend-paying stocks with professional management.

Monthly dividend payers like NVDY 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 NVDY, 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.