Global X NASDAQ 100 Covered Call ETF
QYLDETF · ETF · monthly payer
Forward Yield
12.02%
Annual Dividend
$2.11
Payout Ratio
—
5-Yr Growth
-4.3%
Ex-Date
—
Frequency
Monthly
Summary
As of July 2026, Global X NASDAQ 100 Covered Call ETF (QYLD) yields 12.02% ($2.11 per share annually), with a blended fair-value estimate of $26.14 — +49% upside, so it screens as undervalued. Dividend safety grade: C (59/100).
Is QYLD a good dividend stock?
Yes, with caveatsGlobal X NASDAQ 100 Covered Call ETF (QYLD) pays a monthly dividend yielding 12.02% ($2.11/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2025
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 12.02%
- Payout Ratio
- —
- Annual Dividend
- $2.11
- 5-Yr Avg Growth
- -4.3%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 31.1
- 5-Yr Total Return
- -24%
- 52-Week Range
- $16.35 – $18.54
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
QYLD Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+1%
5 Years
-24%
52-Week Range
$16.35 – $18.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is QYLD worth?
Undervaluedlow confidenceOur blended fair-value estimate for Global X NASDAQ 100 Covered Call ETF is $26.14 per share, versus a market price of $17.56. That implies 49% of upside — a margin of safety of about 33%.
Fair Value
$26.14
Current Price
$17.56
Upside
+49%
Margin of Safety
33%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), -4.5% stage-1 growth, 2.5% terminal growth, $2.11 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
QYLD Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 20, 2026 | — | $0.1780 | regular |
| Jun 22, 2026 | — | $0.1850 | regular |
| May 18, 2026 | — | $0.1790 | regular |
| Apr 20, 2026 | — | $0.1790 | regular |
| Mar 23, 2026 | — | $0.1720 | regular |
| Feb 23, 2026 | — | $0.1770 | regular |
| Jan 20, 2026 | — | $0.1790 | regular |
| Dec 22, 2025 | — | $0.1780 | regular |
| Nov 24, 2025 | — | $0.1730 | regular |
| Oct 20, 2025 | — | $0.1730 | regular |
| Sep 22, 2025 | — | $0.1700 | regular |
| Aug 18, 2025 | — | $0.1680 | regular |
| Jul 21, 2025 | — | $0.1650 | regular |
| Jun 23, 2025 | — | $0.1660 | regular |
Income Calculator
At $2.11 / yr per share
