4 Monthly Dividend ETFs for Weekly Cash to Pay the Bills | Summary and Q&A

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June 14, 2023
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Let's Talk Money! with Joseph Hogue, CFA
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4 Monthly Dividend ETFs for Weekly Cash to Pay the Bills

TL;DR

Investors can combine the safety and higher yields of dividend funds with the convenience of receiving dividends every week by investing in just four stocks.

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Key Insights

  • βœ‹ The JPMorgan Equity premium income ETF (JEPI) has performed well and offers a high dividend yield, making it a strong choice for dividend investors.
  • πŸ›’οΈ The Infracap MLP Fund (AMZA) provides exposure to the oil and gas industry and offers a solid return, especially when oil prices rise.
  • πŸ›οΈ The Simplify Volatility Premium ETF (SVOL) offers a unique asset class and helps reduce risk by using a volatility strategy that has a negative correlation with stocks.
  • 🈷️ Combining monthly dividend ETFs with monthly dividend stocks can provide a diversification strategy to receive cash flow every week.
  • πŸ˜‘ Planning the purchase of dividend stocks before their ex-dividend dates is crucial to ensure receiving dividends in a timely manner.
  • 🈷️ A comprehensive list of monthly dividend ETFs is provided, with options for different weeks of the month.
  • 🈷️ The lack of options for dividends in the second and third weeks of the month suggests combining the ETF strategy with monthly dividend stocks.

Transcript

investors love monthly dividend ETFs dividend yields of 10 12 even 15 cash flow every month and the safety of a fund what could be better how about that same cash flow every single week I've found a way to combine the safety of a dividend fund with higher yields and get your dividend every week all with just four stocks I'll reveal those stocks but... Read More

Questions & Answers

Q: What is the JPMorgan Equity premium income ETF's investment strategy?

The fund invests in defensive large-cap stocks and also sells call options on the S&P 500 to generate cash flow for its dividends.

Q: Why is the Infracap MLP Fund a good investment?

The fund holds master limited partnerships that own oil and gas pipelines, providing high yields and charging fees to transport oil and gas for companies.

Q: How does the Simplify Volatility Premium ETF work?

The ETF captures the fear premium in the market by shorting futures on the VIX volatility index, which has a historically negative correlation with stocks.

Q: Why is diversification important in a dividend ETF strategy?

Diversification helps reduce risk by spreading investments across different stocks or assets and can provide stability and consistent returns.

Summary & Key Takeaways

  • The JPMorgan Equity premium income ETF (JEPI) is a favorite among covered call strategy ETFs, offering an 11% dividend yield and a defensive portfolio.

  • The Infracap MLP Fund (AMZA) holds high-yielding master limited partnerships in the oil and gas industry, providing a reliable return and safety.

  • The Simplify Volatility Premium ETF (SVOL) offers a unique strategy by shorting futures on the VIX volatility index and capturing the fear premium.

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