YieldMaxCalc

DIVO Dividend Calculator

Amplify CWP Enhanced Dividend Income ETF — Project your returns with dividend reinvestment (DRIP). Current yield: 6.35% (monthly).

Price:$45.85
TTM Dividend:$2.9126/share
TTM Yield:6.35%
Frequency:Monthly
5Y Div CAGR:12.3%
5Y Price CAGR:5.5%

DIVO uses a covered call strategy to generate income. The fund holds a portfolio of stocks (or tracks an index) and systematically sells call options against those holdings. The premiums collected from selling these options are the primary source of the fund's distributions.

DIVO Dividend Calculator

Yield: 4.68%

1Y: 50.7% | 3Y: 18.9% | 5Y: 12.3%

1Y: 17.9% | 3Y: 8.6% | 5Y: 5.5%

years

Portfolio Value (DRIP)

$31.9K

Portfolio Value (No DRIP)

$17.0K

Total Dividends (DRIP)

$11.8K

Total Dividends (No DRIP)

$8,308.32

Annual Dividend (DRIP)

$2,781.11

YoC: 27.81%

Annual Dividend (No DRIP)

$1,485.52

YoC: 14.86%

DRIP Advantage

Total invested: $10.0K

+87.21%

$14.9K more

Portfolio Growth

DIVO Real Yield

Headline yield adjusted for NAV appreciation (1Y)

Headline

6.4%

Real

7.5%

NAV +17.9%

DIVO Dividend History

Ex-DateAmountChangeYield
Mar 30, 2026$0.1787-4.1%4.68%
Feb 26, 2026$0.1863+2.0%4.88%
Jan 29, 2026$0.1826-80.8%4.78%
Dec 30, 2025$0.9534+345.6%24.95%
Nov 26, 2025$0.2140+17.9%5.60%
Oct 30, 2025$0.1815+2.3%4.75%
Sep 29, 2025$0.1774+1.4%4.64%
Aug 28, 2025$0.1749+1.4%4.58%
Jul 30, 2025$0.1724+2.9%4.51%
Jun 27, 2025$0.1675+1.2%4.38%

How DIVO generates income

DIVO uses a covered call strategy to generate income. The fund holds a portfolio of stocks (or tracks an index) and systematically sells call options against those holdings. The premiums collected from selling these options are the primary source of the fund's distributions.

When the market is flat or mildly bullish, covered-call funds perform well — you collect the option premium on top of any dividends from the underlying holdings. When the market rallies strongly, your gains are capped at the strike price of the sold calls. This is the fundamental trade-off of covered-call strategies: steady income in exchange for capped upside.

DIVO is issued by Amplify and has been one of the established players in the covered-call ETF space. Compared to YieldMax's single-stock approach, DIVO writes options on a broader index, which results in lower but more stable distributions.

Strategy
Index covered call writing
Income source
Option premiums + underlying dividends
Issuer
Amplify