JEPQ Dividend Calculator
Calculate JEPQ dividend income, plan your retirement income goals, and compare with JEPI and SCHD. Free tool with DRIP reinvestment projections.
JEPQ Quick Facts (2025)
Yield: ~10.3% | Monthly Dividend: ~$0.51/share | Annual: ~$6.12/share | Price: ~$59 | Expense Ratio: 0.35%
💰 Investment Details
📊 Projected Results
Starting Monthly Income
$86
$1,030/year from $10,000
After 10 Years (DRIP)
$1,134/mo
$13,605/year
📋 Summary
💡 DRIP Power: Reinvesting dividends can significantly compound your returns over time—your dividends buy more shares, which pay more dividends!
💰 JEPQ Monthly Income Goals (at 10.3% Yield)
| Monthly Income | Annual Income | Investment Needed | Shares Needed |
|---|---|---|---|
| $500/mo | $6,000 | $58,252 | 987 |
| $1,000/mo | $12,000 | $116,505 | 1,975 |
| $2,000/mo | $24,000 | $233,010 | 3,949 |
| $3,000/mo | $36,000 | $349,515 | 5,924 |
| $5,000/mo | $60,000 | $582,524 | 9,873 |
| $10,000/mo | $120,000 | $1,165,049 | 19,747 |
* Based on current ~10.3% dividend yield and ~$59 share price. Actual dividends may vary month-to-month.
📈 What is JEPQ?
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) is a popular income-focused ETF that combines Nasdaq-100 stock holdings with a covered call options strategy. Launched in May 2022, it has grown to over $32 billion in assets, attracting investors seeking high monthly income.
How Does JEPQ Generate Income?
JEPQ holds stocks like NVIDIA, Apple, Microsoft, and other Nasdaq-100 companies. It then sells call options (covered calls) on these holdings to generate premium income. This strategy produces high yields (~10%) but limits upside potential when tech stocks rally strongly. The trade-off: higher current income for potentially lower total returns compared to QQQ.
JEPQ vs JEPI: Which Should You Choose?
Choose JEPQ if: You want higher yield (~10% vs ~7.5%), believe in tech long-term, and can tolerate more volatility. Choose JEPI if: You prefer stability, want broader S&P 500 diversification, and prioritize consistent income over maximum yield. Many income investors hold both for balance.
📊 JEPQ Key Stats
Ticker: JEPQ
Yield: ~10.3%
Frequency: Monthly
Expense Ratio: 0.35%
AUM: $32B+
Inception: May 2022
⚠️ Important Notes
• Monthly dividends fluctuate (±40%)
• Covered calls cap upside gains
• Heavy tech concentration (43%+)
• Past performance ≠ future results
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Frequently Asked Questions
JEPQ pays approximately $0.44-$0.58 per share monthly, totaling around $6.12 per share annually. At the current price of ~$59, this represents a dividend yield of approximately 10.3%. Monthly payments fluctuate based on market volatility and option premiums—JEPQ uses a covered call strategy that generates variable income.
To generate $1,000 per month ($12,000/year) from JEPQ dividends, you would need to invest approximately $116,000 at the current 10.3% yield. This equals roughly 1,966 shares at $59/share. Keep in mind that JEPQ's monthly payments vary, so some months may pay more or less than your target.
To earn $5,000 monthly ($60,000/year) from JEPQ, you would need approximately $580,000 invested at a 10.3% yield. This represents about 9,830 shares. For such large positions, consider diversifying across multiple income ETFs (JEPQ, JEPI, SCHD) to reduce concentration risk.
Yes, JEPQ pays dividends monthly, making it popular among retirees and income investors who need regular cash flow. Since its inception in May 2022, JEPQ has paid 44+ consecutive monthly dividends without missing a payment. The ex-dividend date is typically the last business day of each month.
Both are JPMorgan covered call ETFs paying monthly dividends, but they track different indexes. JEPQ focuses on Nasdaq-100 stocks (tech-heavy, ~10.3% yield) with higher growth potential and volatility. JEPI tracks S&P 500 stocks (~7.5% yield) with more diversification and lower volatility. JEPQ offers higher income but more risk; JEPI provides steadier returns.
JEPQ can be suitable for retirement income due to its high yield (~10.3%) and monthly payments. However, consider: 1) Monthly payments fluctuate significantly, 2) Covered call strategy caps upside potential, 3) Heavy tech concentration adds volatility. Many advisors suggest combining JEPQ with JEPI (for stability) and SCHD (for dividend growth) in a diversified income portfolio.
⚠️ Investment Disclaimer: This calculator is for educational purposes only and does not constitute investment advice. Dividend yields, stock prices, and returns fluctuate. Past performance does not guarantee future results. Consult a qualified financial advisor before making investment decisions. JEPQ data shown are estimates and may not reflect current values.