Neos S&P 500 High Income ETF Dividend Details
Dividend Details
Calculate SPYI Dividend Income
Quick Facts
- Yield: 12%
- Frequency: Monthly
- Sector: ETF
About Neos S&P 500 High Income ETF
S&P 500 covered call ETF with tax-efficient income strategy.
Frequently Asked Questions
What is SPYI's dividend yield?
SPYI currently yields 12% annually based on a share price of $48.50 and annual dividend of $5.82.
How often does SPYI pay dividends?
SPYI pays dividends monthly, providing steady income every month.
Is SPYI a good dividend stock?
With a 12% yield and monthly payments, SPYI is popular among income investors. Always consider your personal goals and risk tolerance.
SPYI Dividend Investing Guide
Neos S&P 500 High Income ETF (SPYI) represents a compelling opportunity for dividend investors seeking high-yield income in their portfolios. As a etf sector stock, SPYI offers exposure to diversified dividend income across multiple holdings.
As a monthly dividend payer, SPYI provides more frequent income distributions compared to traditional quarterly payers. This payment schedule is particularly attractive for retirees and income-focused investors who prefer regular cash flow to cover expenses or reinvest through DRIP programs.
To maximize returns from SPYI dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your SPYI investment.