Now the dividend for March is nailed in JPMorgan’s exchange-traded funds. These funds generate distributable income via options. That is the explanation for how they manage to have such a high dividend and that it varies greatly from month to month. The more chaos and unrest there is on the stock market, the more income you can generate from options. With X-day on March 12 and paydate on April 7, the dividend is as follows (previous month’s dividend in parentheses):
JPMorgan Global Equity Premium Income UCITS ETF Ticker JGPI: $0.1358 ($0.1576)
The new fund JEEP (which I bought recently) was launched just a few weeks ago and there will be no dividend this month. I’m guessing its first dividend is in a month.
Busy And Useful 