Monthly Dividend Income Calculator

Why use our online Monthly Dividend Income Calculator?

Plan monthly dividend income with a 12-month calendar that shows exactly when each position pays. Identify income gaps and build a portfolio that generates income every month.

How to use Monthly Dividend Income Calculator

1. 1
   Select a monthly payer

   Try JEPI, O (Realty Income), MAIN, AGG, or SCHD. Monthly payers fill all 12 calendar boxes; quarterly payers fill 4.

2. 2
   See the income calendar

   The 12-month grid shows expected income for each calendar month based on payment schedule.

3. 3
   Switch to Portfolio mode

   Add multiple positions to build a diversified monthly income stream. Mix monthly and quarterly payers to cover all 12 months.

4. 4
   Identify gaps

   Gray months with no income signal a gap to fill. Adding one monthly-distribution ETF often covers all remaining gaps.

Frequently Asked Questions

Which ETFs pay dividends every month?

Monthly-distribution ETFs include: JEPI, JEPQ (covered-call income), QQQI, SPYI, XYLD (covered-call), O, STAG, MAIN (REITs), AGG, BND, HYG, JNK (bond ETFs), and the full YieldMax family (MSTY, TSLY, NVDY, etc.). Most individual dividend stocks pay quarterly.

How do I build a portfolio that pays every month?

The simplest approach: combine one monthly payer (like JEPI or O) with quarterly payers. SCHD pays in March, June, September, December. VIG pays the same months. Adding a monthly payer like JEPI fills January, February, April, May, July, August, October, November. A SCHD + JEPI combination covers all 12 months.

Is monthly income from covered-call ETFs reliable?

Covered-call ETFs (JEPI, JEPQ, QQQI) distribute monthly, but the amount varies significantly. JEPQ has paid anywhere from $0.32 to $0.55/share in different months. You can plan on consistent monthly payments, but budget for variance in amount rather than a fixed monthly check.

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