Retirement income

DIVO: what it paid, what it kept

Amplify CWP Enhanced Dividend Income ETF: its payout record since 2018, the income it would have paid someone living on it, and the amount a monthly income takes at today’s yield.

6.27%yield, last 12 months
monthlypayments
$191,400for $1,000 a month
Oct 27, 2026data as of

Since December 2016, DIVO’s price rose 91.2% while it paid out 73.0% of its starting price in distributions.

Over the last 12 months DIVO paid $3.00 a share, a 6.27% yield at today’s price, in 12 monthly payments. At that yield, $1,000 a month before taxes takes about $191,400 invested.

From 2020 to 2025 its yearly payout per share grew 12.2% a year, against 4.5% inflation: up 7.4% a year in today’s dollars.

The payout fell by 5% or more from one year to the next in 2 years: 2020 (−35.6%), 2022 (−6%).

$100,000 invested at the start of 2017 with every payout spent paid $4,441 that year and $12,002 over the last 12 months (up 97.0% after inflation); the shares are worth $191,349 today.

What DIVO kept: price against payouts

High payouts can come partly out of the share price. “Price change” is what the shares did; “paid out” is the distributions as a share of the starting price; “income spent” is the two together, what someone living on the payouts got. An ETF’s price stays close to its net asset value (NAV), so the price stands in for NAV.

PeriodPrice changePaid outIncome spentReinvested
Since Dec 14, 2016+91.2%73%+164.2%+223.0%
5 years from Oct 27, 2021+29.9%27.5%+57.3%+67.4%
3 years from Oct 27, 2023+41.9%19.8%+61.7%+66.1%
1 year from Oct 27, 2025+5.1%6.6%+11.7%+12.2%
Prices in our data start Dec 14, 2016.

How much DIVO for a monthly income

The amount invested that would have paid each monthly income over the last 12 months, at DIVO’s 6.27% trailing yield, before taxes. Yields move, so the second column uses its lowest calendar-year yield of the last five years (4.48% in 2022).

Monthly incomeAt today’s yieldAt the 2022 yield
$500 a month ($6,000 a year)$95,700$133,900
$1,000 a month ($12,000 a year)$191,400$267,900
$2,000 a month ($24,000 a year)$382,800$535,700
$5,000 a month ($60,000 a year)$956,900$1,339,300

Income on $100,000, year by year

What $100,000 invested at the start of each year would have paid during that year, and the same income in today’s dollars. Years with a payout at least 5% below the year before are marked.

$4,8962018$9,3272019$5,2172020$5,5972021$4,4772022$4,7652023$5,1292024$7,0652025
$4,8962018$9,3272019$5,2172020$5,5972021$4,4772022$4,7652023$5,1292024$7,0652025
Income in each calendar year on $100,000 invested at the start of that year.
YearPer shareIncome on $100KIn today’s dollarsPrice that yearTotal return
2025$2.86$7,065$8,050+9.9%+17.4%
2024$1.88$5,129$5,499+10.4%+15.8%
2023$1.70$4,765$5,259+2.5%+7.5%
2022 ↓$1.71$4,477$5,145-6.1%-1.5%
2021$1.82$5,597$6,946+17.5%+23.6%
2020 ↓$1.61$5,217$6,778+6.0%+11.9%
2019$2.50$9,327$12,270+14.6%+24.5%
2018$1.42$4,896$6,557-7.9%-3.2%
Payouts per share; full calendar years only. Today’s dollars use the consumer price index (CPI-U).

If you had lived on it since 2017

$100,000 invested in DIVO on Jan 3, 2017, every payout spent and nothing reinvested.

Income in 2017$4,441$6,092 in today’s dollars
Income, last 12 months$12,002up 97% after inflation
Shares worth today$191,349price +91.3%
Income collected$73,091since 2017
$0$150K$300K20182020202220242026
The shares’ value (lower line) and the shares plus the income collected so far (upper line), month by month.

Payments and taxes

When it pays

Every month. Payment dates shift a little from year to year; the fund announces each one shortly before it is paid.

Option premiums and dividends

Most of the payout comes from selling options. That part does not qualify for the lower dividend rate: it is usually taxed as ordinary income, and some funds pay part as return of capital, which lowers your cost basis instead. The fund’s year-end tax form (1099-DIV) splits it. Inside an IRA or 401(k), none of it is taxed until you withdraw.

Yield is not a promise

The yield here is what the fund paid over the last 12 months, divided by today’s price. Future payouts depend on what the fund earns, which for option-income funds follows market volatility.

The rest of the record

Fees, holdings, returns and downturns are on the DIVO page.

Turn your savings into a monthly paycheck

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Questions investors ask

How much DIVO do I need to make $1,000 a month?

About $191,400, at its 6.27% yield over the 12 months to October 2026, before taxes. Yields move: at its lowest calendar-year yield of the last five years (4.48% in 2022) it would take $267,900.

How often does DIVO pay?

Every month.

Has DIVO ever cut its payout?

Yes. Its yearly payout per share fell by 5% or more in 2020 (−35.6%), 2022 (−6%), among the full years 2018–2025.

Did DIVO’s payout keep up with inflation?

Yes: from 2020 to 2025 the yearly payout per share grew 12.2% a year while prices rose 4.5% a year.

How is DIVO’s income taxed?

Most of the payout comes from selling options. That part does not qualify for the lower dividend rate: it is usually taxed as ordinary income, and some funds pay part as return of capital, which lowers your cost basis instead. The fund’s year-end tax form (1099-DIV) splits it. Inside an IRA or 401(k), none of it is taxed until you withdraw (and in a Roth, not then either, if the rules are met).

Does DIVO have NAV erosion?

Since December 2016 its price rose 91.2% while it paid out 73.0% of the starting price. It kept its price while paying out. (An ETF’s price stays close to its net asset value, so the price stands in for NAV.)

How these figures are built

For education only, not a recommendation to buy or sell any fund. Past payouts do not predict future payouts.