QYLD Ex-Dividend Date & Dividend Calculator

Global X NASDAQ 100 Covered Cal (QYLD) is an ETF that funds its dividend through covered-call option premium, paying a monthly distribution at a yield of 9.7%. In exchange for a high payout, upside is capped and there's a risk of NAV erosion. Evaluate it on long-run total return (dividend + price), not short-term income alone.

The distribution amount is a variable-dividend structure that changes month to month with option-market volatility, so past yield does not guarantee future payments. Before investing, read the covered-call ETF risk guide and the complete dividend-types guide.

Product structure — QYLD is a covered-call ETF that sells call options against the full Nasdaq-100 index. Rather than targeting one name, it sells options across a whole index, which is what separates it from the single-stock structures.

Payout mechanics — Paid monthly, with a current yield of 9.7% (as of 2026.09.06). Per-payment amounts has stayed very stable payment to payment (variability score 0.02). QYLD's recent payments haven't varied enough to trigger the variable-dividend classification. Because the option-selling is spread across an entire index, the upside cap tends to be somewhat gentler than a single-stock structure. The per-payment amount is about $0.1830, paid roughly 12 times a year. This figure is recalculated every period, so it isn't guaranteed to hold going forward — it's a reference point based on past payment history. QYLD's $0.1830 per-payment figure is a snapshot, not a recommendation — weigh it against your own research before acting.

Risk to watch — Since the payout leans heavily on premium income, an index correction can erode NAV independent of how large the distribution looks. This ex-dividend date (2026-09-21) is inferred from payment-interval history rather than officially confirmed. See the monthly-dividend ETF roundup and covered-call ETF risk guide, then check the 5-year simulator. QYLD holders should watch which direction the $0.1830 per-payment figure moves over time — a trend across several payments matters more than any single number.

Summary — QYLD (Global X NASDAQ 100 Covered Cal) pays $0.1830 per period on a monthly cadence. Simply annualized at 12x/year, that's about $2.20 — purely arithmetic assuming current terms hold, nothing more. It's easy to anchor on the headline yield alone, but for QYLD the fact that payments has stayed very stable payment to payment (variability score 0.02) is the more useful signal for what to expect period to period. If you're holding or considering QYLD, treat this $0.1830 per-payment figure as a reference point rather than a buy/hold signal — not a conclusion from one snapshot.