JEPI dividend calculator
What you want this fund to pay you.
Adjust assumptions (advanced)
Defaults come from JEPI's verified data shown above. Distribution growth defaults to 0% because option-income distributions vary with market conditions rather than growing like dividends.
This is the amount at JEPI's currentdistribution rate. Option-income distributions vary month to month and the share price can erode, so neither the income nor the value of that principal is guaranteed — treat it as a snapshot at today's rate, not a fixed requirement or a safe permanent income.
Educational purposes only. This calculator is for educational purposes only and does not constitute financial or investment advice. Past performance does not guarantee future results. Projections are hypothetical illustrations based on historical data and simplified assumptions — actual results will differ. Consult a qualified financial advisor before investing.
Data as of , verified against: stockanalysis.com, digrin.com. Official fund/IR page: JEPI ↗. Prices and yields change daily — figures here are for modeling, not trading.
JEPI at a glance
JPMorgan Equity Premium Income ETF. JEPI is an actively managed fund holding lower-volatility S&P 500 stocks plus equity-linked notes that sell index call options. It pays monthly; income comes mostly from option premium rather than company dividends.
- Distribution yield (TTM)
- 8.17%
- $4.58/share over 12 mo
- Share price
- $56.04
- as of Jun 12, 2026
- Payment schedule
- Monthly
- Price trend
- −1.5%
- per year, 5-yr
JEPI income at standard investment amounts
| Investment | Income / year (current rate) | Income / month (current rate) |
|---|---|---|
| $1,000 | $82 | $7 |
| $10,000 | $817 | $68 |
| $50,000 | $4,086 | $341 |
| $100,000 | $8,173 | $681 |
At JEPI's current distribution rate, before tax — a snapshot at today's rate, not a forecast. Option-income distributions vary month to month and the share price (NAV) can erode, so this income is not guaranteed. We don't show a multi-year compounded total for these funds because projecting a fixed rate at a flat share price would overstate the result.
Recent distribution history
| Ex-dividend date | Distribution / share |
|---|---|
| Jun 1, 2026 | $0.3892 |
| May 1, 2026 | $0.4476 |
| Apr 1, 2026 | $0.4205 |
| Mar 2, 2026 | $0.3513 |
| Feb 2, 2026 | $0.3444 |
| Dec 31, 2025 | $0.4271 |
| Dec 1, 2025 | $0.3706 |
Option-income distributions vary period to period — recent amounts are not a guaranteed run-rate.
JEPI's share price sits slightly below its mid-2021 level — its return has come almost entirely from monthly distributions rather than price appreciation. Price trend is the June 2021→June 2026 CAGR.
Tax treatment of JEPI distributions
Most distributions derive from option/equity-linked-note income and are taxed as ordinary income, not qualified dividends.
More detail: qualified vs. ordinary dividends. Set the matching tax rate in the calculator to see after-tax results.
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JEPI dividend questions
- What is JEPI's distribution rate?
- As of June 12, 2026, JEPI's trailing-twelve-month distribution rate is 8.17% — $4.58 per share paid over the last 12 months against a $56 share price. Yields change daily as the price moves.
- How often does JEPI pay distributions?
- JEPI pays monthly. The most recent distribution was $0.3892 per share (ex-date June 1, 2026).
- How much income does $10,000 of JEPI generate?
- At the current rate, about $817 per year (≈ $68 per month) before taxes — but option-income distributions vary, so treat that as a snapshot rather than a fixed rate.
- How many shares of JEPI do I need for $1,000 a month?
- At JEPI's current distribution rate (8.17%), about 2,621 shares — roughly $146,830 invested — would generate $1,000 per month before taxes. Because option-income distributions vary month to month and the share price can erode, treat that as a snapshot at today's rate, not a guaranteed or permanent income. Use the income-target calculator above to try other amounts.
- How much will $10,000 in JEPI be worth in 10 years with dividends reinvested?
- There's no honest single number here for JEPI. Projecting its distribution rate forward at a flat share price would overstate the result wildly, because option-income distributions vary and these funds' share price (NAV) has historically eroded — the page's own data shows it. At JEPI's current 8.17% rate, $10,000 produces about $817 per year (≈ $68 per month) before tax — a present-rate snapshot, not a guaranteed 10-year outcome. Use the "Reach an income target" calculator above, which is what these funds are actually bought for.
- Are JEPI's distributions qualified dividends?
- Most distributions derive from option/equity-linked-note income and are taxed as ordinary income, not qualified dividends.
- Why does the calculator assume 0% distribution growth for JEPI?
- JEPI's distributions come from option premium, which rises and falls with market volatility instead of growing the way company dividends do. Compounding a past "growth rate" forward produces misleading projections, so the default holds distributions flat — you can change it under "Adjust assumptions."
How this calculator works (assumptions & method)
- The simulation steps month by month. Share price compounds at the annual price-growth rate; monthly contributions buy shares at that month's price; dividends arrive on the fund's real payment schedule (monthly, quarterly, etc.) and — with DRIP on — buy more shares the day they're paid.
- Dividend per share steps up once per year at the dividend-growth rate, matching how companies actually raise dividends. Weekly payers are modeled as monthly; the compounding difference is negligible.
- The tax rate applies to dividends only, at payment time. Price gains are treated as unrealized (no capital-gains tax is modeled). 0% approximates a tax-advantaged account like an IRA or 401(k).
- With DRIP off, dividends accumulate as uninvested cash earning nothing — the cleanest way to isolate what reinvestment itself contributes.
- Default yield, growth, and schedule come from the ticker's verified data (sources and date shown on the page). Historical rates are held constant for the whole horizon — real markets won't do that, which is why this is an illustration, not a forecast. Fund fees are already reflected in historical figures; the model adds no other costs.