- Dividend yield
- 4.8%
- Total return since launch
- +217%
- Average per year
- +12.5%
- Expense ratio
- 0.56%
- Fund size
- $7.9 billion
- Pays dividends
- monthly
From the TopDividendETFsPRO database, updated daily. Total return includes reinvested dividends.
What DIVO pays you
| Invested | Per month | Per year |
|---|---|---|
| $1,000 | $4.00 | $48.00 |
| $10,000 | $40.00 | $480 |
| $50,000 | $200 | $2,400 |
| $100,000 | $400 | $4,800 |
Plan it in the full calculator
Add monthly deposits, taxes, dividend growth and see every year.
How much you need in DIVO for a monthly income
| Monthly income goal | Invested in DIVO |
|---|---|
| $500 a month | $125,000 |
| $1,000 a month | $250,000 |
| $2,000 a month | $500,000 |
| $5,000 a month | $1,250,000 |
What reinvesting DIVO dividends could grow to
Starting with $10,000 and reinvesting every dividend (DIVO pays monthly), with and without adding $500 a month.
| After | $10,000 once | Income then | + $500/month | Income then |
|---|---|---|---|---|
| 5 years | $12,706 | $50.83/mo | $46,672 | $187/mo |
| 10 years | $16,145 | $64.58/mo | $93,269 | $373/mo |
| 20 years | $26,067 | $104/mo | $227,708 | $911/mo |
| 30 years | $42,086 | $168/mo | $444,764 | $1,779/mo |
About DIVO
DIVO holds a focused portfolio of roughly 20 to 25 large U.S. companies with histories of dividend growth, chosen by its sub-adviser, Capital Wealth Planning. On top of those dividends, the managers sell covered calls on individual stocks when they think option prices are attractive.
That tactical approach is different from funds that sell index options every month. DIVO writes calls on only part of the portfolio and only some of the time, which lets it keep more upside when stocks rise, at the cost of a lower yield than full-time covered call funds.
The result is a monthly payer with a moderate yield that has aimed for a balance of income and growth since 2016. Its top holdings include names like Microsoft, Apple, Caterpillar, Visa and JPMorgan.
| Full name | Amplify CWP Enhanced Dividend Income ETF |
| Issuer | Amplify ETFs, sub-advised by Capital Wealth Planning |
| Strategy | About 20 to 25 dividend stocks plus tactical covered calls on individual holdings |
| Launched | December 14, 2016 |
| Expense ratio | 0.56% |
| Pays | monthly |
Similar funds
DIVO FAQ
What is DIVO's dividend yield?
DIVO's dividend yield is currently 4.8%, based on the TopDividendETFsPRO database, which is updated daily.
How often does DIVO pay dividends?
DIVO pays monthly.
How much does $10,000 in DIVO pay per month?
At the current yield, about $40.00 a month on average, or $480 a year, assuming the yield stays the same.
How much do I need in DIVO to make $1,000 a month?
About $250,000 at the current yield.
What is DIVO's total return?
DIVO has returned +217% since it launched in 2016, with dividends reinvested, about +12.5% a year on average.
How does DIVO's covered call strategy work?
The managers sell calls on individual stocks, and only on part of the portfolio when option prices look attractive, rather than selling index options every month.
Sources
- Amplify ETFs: DIVO fund page
- Yield, total return, fund size and expense ratio: TopDividendETFsPRO.com database
For education only, not investment, tax or legal advice. Yields and distributions change and are not guaranteed. Past performance does not guarantee future results. Read the fund's prospectus before investing.