- Pays: monthly — 12 times a year, early each month.
- First paid: June 2022, right after launch.
- Yield: typically around 9–10% — higher than JEPI, because Nasdaq volatility earns bigger option premiums.
- Payout pattern: variable month to month, but full-year totals have risen each complete year so far (2023 → 2024 → 2025).
- Run by: JPMorgan — same machinery as JEPI, pointed at the Nasdaq-100.
JEPQ's monthly amount floats with option income — three rising full years is a good start, not a guarantee.
JEPQ pays monthly. Each point below is one payment since June 2022. The amounts wiggle with volatility, but the overall level has drifted up as the fund has grown. The table further down totals each year.
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Each point is one payment; the line ends at the most recent payout. The table below totals them by year.
A real total-return estimate, assuming every payout was reinvested — including what happened to the share price. Before taxes and fees. Past performance does not predict the future.
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These are assumptions, not a prediction. Want the full chart and tax options? Open the full calculator →
JEPQ runs the same playbook as its famous sibling JEPI — hold a conservative stock basket, sell index options, pay the premiums out monthly — but points it at the Nasdaq-100. Tech stocks swing harder, option buyers pay more for that swing, and JEPQ's yield lands a couple of points above JEPI's as a result.
The cost of that extra yield: more month-to-month variation and a bumpier share price in tech selloffs. Its full-year totals have risen every complete year so far, but three years is a short book — treat the trend as encouraging, not promised. The plain-English mechanics are in What Are JEPI and JEPQ?
| Year | Total Dividends / Share | Payments | Change vs Prior Year |
|---|
Data source: Yahoo Finance. Figures are per share; the current year may be partial and figures should be verified against official sources.
Calculated from complete calendar years in the data above. Past results don't guarantee future payments.
JEPQ's Payment Record: Short, Rising, and Variable
JEPQ — the JPMorgan Nasdaq Equity Premium Income ETF — is what you get when the team behind JEPI points the same income machinery at the tech-heavy Nasdaq-100. Since its first payment in June 2022 it has paid every month, at a yield that has generally hovered around 9–10% — earned from option premiums that tech-stock volatility keeps rich.
The table below shows something none of the aggressive option funds on this site can claim: full-year totals that have risen every complete year so far — about $5.00 (2023), $5.44 (2024), then $6.12 (2025) per share. Encouraging — but note the payout is variable by construction, and three years is a short track record.
How Often Does JEPQ Pay Dividends?
Monthly, at the start of each month — 12 payments a year since mid-2022, no misses. The chart above plots each one; drag across it to see exact amounts.
Why Does JEPQ Yield More Than JEPI?
One word: volatility. Option buyers pay for movement, and the Nasdaq-100 moves more than the S&P 500. Selling options on a livelier index brings in fatter premiums, which JEPQ passes through as bigger monthly checks. The same lever works in reverse: when tech sells off, JEPQ's share price feels it more than JEPI's does. Yield is never free — with JEPQ you're being paid a visible price for a visible risk, which is more honest than most high-yield stories.
JEPQ vs. the Alternatives
Against QQQI — NEOS's Nasdaq income fund — JEPQ yields somewhat less but has JPMorgan's scale and a stronger share-price record; QQQI pushes more income out with a more option-heavy design. Against QYLD, which sells away 100% of its upside for maximum income, JEPQ keeps meaningful growth participation. And against its own sibling JEPI, it's simply the spicier twin. Full comparison in What Are JEPI and JEPQ?
Take JEPQ's Numbers Further
Run JEPQ's live yield through the full calculator — add your tax rate, toggle reinvestment, and watch the year-by-year snowball.
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