JEPI dividend calculator
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.
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.
That figure uses JEPI's distribution rate right now. These payouts move month to month and the share price can erode, so the income isn't guaranteed and the principal behind it can shrink. Read it as today's snapshot, not a fixed cost of entry or a 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
- 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 |
Figured at JEPI's current distribution rate, before tax. Treat it as today's snapshot, not a forecast: these payouts vary month to month and the share price can erode, so the income isn't 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 it.
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 over the last 12 months against a $56 share price. That figure moves daily as the price changes.
- 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?
- About $817 a year at the current rate, or roughly $68 a month before taxes. Option-income distributions vary, though, so read 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 runs month by month. Each month the share price moves at the annual growth rate you set, any contribution buys shares at that month's price, and dividends land on the fund's real schedule, whether that's monthly, quarterly, or weekly. With DRIP on, each dividend buys more shares the day it's paid. With DRIP off, it piles up as cash that earns nothing, which is the cleanest way to see what reinvestment alone is worth.
Dividends per share step up once a year at the growth rate, the way companies actually raise them. Weekly payers are modeled as monthly, since the difference is too small to matter. Taxes apply to dividends at the moment they're paid and nothing else: price gains count as unrealized, so no capital-gains tax is modeled. Setting the rate to 0% approximates an IRA or 401(k).
The starting yield, growth, and schedule come from the ticker's verified data, with the sources and date shown on the page. Those rates then hold flat for the whole projection. Real markets won't cooperate, and that's the point: this is an illustration, not a forecast. Fund fees are already baked into the historical figures, and the model adds no costs on top.