Dividend Strategy2 min read

Monthly Dividend ETFs: Complete Payment Calendar for 2026

TL;DR

Most dividend ETFs pay quarterly, not monthly. But by combining ETFs with staggered payment schedules, you can build a portfolio that generates income every single month. Below is the complete schedule for 74 FIRE-relevant ETFs, plus which ones actually pay monthly.

ETFs That Pay Monthly

These ETFs distribute income every month, no staggering required:

ETFTypeYield
JEPICovered Call (S&P 500)~7.5%
JEPQCovered Call (Nasdaq)~9.5%
QYLDCovered Call (Nasdaq)~11%
XYLDCovered Call (S&P 500)~10%
RYLDCovered Call (Russell 2000)~11%
DLNWisdomTree LargeCap Dividend~2%
DONWisdomTree MidCap Dividend~2.3%
ORealty Income (REIT stock)~4.5%

Most monthly payers are covered call ETFs or WisdomTree funds. For traditional dividend ETFs, quarterly is the standard.

Quarterly Payment Schedule

Most major dividend ETFs pay in one of two quarterly cycles:

Cycle 1: March, June, September, December SCHD, VYM, VIG, DGRO, HDV, NOBL, SDY, VOO, VTI, VT, VXUS, BND, AGG

Cycle 2: January, April, July, October Some international and sector ETFs follow this schedule.

(See the full interactive Dividend Payment Calendar for all 74 ETFs.)

Building a Monthly Income Portfolio

If you want income every month from quarterly payers, combine ETFs from different payment cycles. Or pair a quarterly payer like SCHD with a monthly payer like JEPI. SCHD covers months 3, 6, 9, 12 and JEPI fills the gaps.

See Your Payment Schedule

Our Dividend Payment Calendar shows exactly when each ETF in your portfolio pays and how much you'll receive each month.

View the payment calendar →

This article is for educational and informational purposes only. It does not constitute financial advice.

Live data as of Mar 31, 2026. ETF prices, yields, and metrics refresh every weekday at 6 PM ET.

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This tool is for educational and informational purposes only. It does not constitute financial advice. Past performance does not guarantee future results. Consult a qualified financial advisor for personalized advice.