Global X S&P 500 Covered Call ETF (XYLD) Dividend

Global X S&P 500 Covered Call ETF (XYLD) currently pays a dividend yield of 11.81%, distributing $4.91 per share annually ($0.41 per month). It is an exchange-traded fund, so its distribution reflects the dividends collected from its underlying holdings.

XYLD has raised its dividend for 8 consecutive years.

XYLD dividend at a glance

Dividend Yield11.81%
Annual Dividend$4.91 per share
Per Payment$0.41
Payout FrequencyMonthly
Payments per Year12
Next Ex-Dividend DateAugust 20, 2026
Next Payment DateAugust 24, 2026
Consecutive Years of Dividend Growth8
TypeExchange-Traded Fund
Implied Share Price (from yield)$41.56

What XYLD pays on a $10,000 investment

At a 11.81% yield, $10,000 invested in XYLD generates about $1,181.00 per year, or roughly $98.42 every month. Share counts below use an implied price of $41.56, derived from the $4.91 annual dividend and the 11.81% yield.

Amount InvestedApprox. SharesAnnual Dividend IncomeIncome per Month
$1,00024.1$118.10$9.84
$5,000120.3$590.50$49.21
$10,000240.6$1,181.00$98.42
$25,000601.6$2,952.50$246.04
$100,0002,406.3$11,810.00$984.17

These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.

XYLD dividend payment schedule

XYLD pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is August 20, 2026, with payment on August 24, 2026. Later rows are projected forward at the same interval and will shift when Global X S&P 500 Covered Call ETF declares each dividend.

Ex-Dividend DatePayment DateAmount per ShareStatus
August 20, 2026August 24, 2026$0.41Confirmed
September 20, 2026September 24, 2026$0.41Projected
October 20, 2026October 24, 2026$0.41Projected
November 20, 2026November 24, 2026$0.41Projected
December 20, 2026December 24, 2026$0.41Projected
January 20, 2027January 24, 2027$0.41Projected

To collect a XYLD dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.

How XYLD's dividend compares

Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. XYLD's 11.81% is 8.00 percentage points above that median, ranking 123rd of 587 by yield.

Among the 26 dividend ETFs we track, the median yield is 4.45% — putting XYLD above that group. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.

Its 8-year run of dividend increases ranks 171st out of the 362 names in our data with an active growth streak.

What the numbers mean

Payout ratio is not reported for XYLD because it is a fund rather than an operating company — an ETF distributes the income it collects from its holdings, so there are no company earnings to measure the payout against.

XYLD pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.

Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of fund pays them. See the qualified vs. ordinary dividend rules.

XYLD dividend FAQ

When is the next XYLD ex-dividend date?

The next XYLD ex-dividend date is August 20, 2026, with the payment scheduled for August 24, 2026. You must own shares before the ex-dividend date to receive that payment.

What is XYLD's dividend yield?

XYLD currently yields 11.81%, based on $4.91 in dividends per share over the past year.

How often does XYLD pay dividends?

XYLD pays monthly, which works out to 12 payments per year of about $0.41 per share.

How much dividend income would $10,000 of XYLD generate?

At the current 11.81% yield, $10,000 invested in XYLD would produce roughly $1,181.00 per year, or about $98.42 per month, before taxes and assuming the dividend holds.

Has XYLD increased its dividend?

Yes — XYLD has raised its dividend for 8 consecutive years.

XYLD dividend history

DivTrkr holds 157 recorded XYLD dividend payments going back to 2013, with 1 consecutive complete year of increases and +7.6% a year of growth over the last five complete years. See the full XYLD dividend history — every payment, annual totals and growth by year.

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Track XYLD dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.