How often does CVRD pay dividends?

CVRD currently distributes every quarter, based on its recent payment history. Its most recent ex-dividend date was Sep 28, 2026 at $0.3000 per share.

When is CVRD's next ex-dividend date?

CVRD's next ex-dividend date is Dec 28, 2026, with payment on Dec 30, 2026. This date comes from the fund's published schedule. The fund has not announced the amount yet.

What is CVRD's dividend yield?

Over the trailing 12 months, CVRD paid $1.41 per share, a trailing 12-month yield of 7.7% at the current share price. The recent payout yield, from the latest payments annualized, is 7.7%. Option-income distributions change with the premiums the fund collects, so these two yields can differ.

What is CVRD's total return with dividends reinvested?

A $10,000 investment in CVRD on Aug 22, 2023 would be worth about $12,221 on Oct 13, 2026 with all distributions reinvested (+22.2%). Share price alone moved -8.5% over the same period.

Madison ETF

CVRD Dividend: Next Ex-Date, History & Total Return

Madison Covered Call ETF

Price: $18.33
Trailing 12-month yield: 7.7%
Recent payout yield: 7.7%
Next ex-date: Dec 28, 2026; Scheduled

52-week range $17.56–$19.07 · -0.9% over 12 months · Data as of Oct 14, 2026

Next CVRD Dividend

ScheduledQuarterly payer

Ex-dividend date

Dec 28, 2026

Pay date

Dec 30, 2026

Amount per share

Not declared

Dates from the fund's published schedule. The fund has not announced the amount yet. You must own shares before the ex-date to receive it.

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CVRD Dividend History

13 distributions since Sep 26, 2023 · trailing 12-month total $1.41/share (7.7% of current price)

Ex-dividend date	Pay date	Amount per share
Sep 28, 2026	Sep 30, 2026	$0.3000
Jun 26, 2026	—	$0.3000
Mar 27, 2026	—	$0.3000
Dec 26, 2025	—	$0.5055
Sep 26, 2025	—	$0.3000
Jun 26, 2025	—	$0.3000
Mar 27, 2025	—	$0.3000
Dec 26, 2024	—	$0.4712
Sep 26, 2024	—	$0.3000
Jun 26, 2024	—	$0.8223
Mar 26, 2024	—	$1.35
Dec 26, 2023	—	$0.3042

Total distributions by year

2026 (3 payments)

$0.90/share

2025 (4 payments)

$1.41/share

2024 (4 payments)

$2.95/share

2023 (2 payments)

$0.31/share

Amounts are adjusted for any share splits or reverse splits, so payments before a split can differ from the amounts the fund announced at the time.

If You Invested $10,000 in CVRD

Aug 22, 2023 to Oct 13, 2026, using actual prices and distributions

Show cash-dividend line

End value with DRIP

$12,221

+22.2%

End value, dividends as cash

$11,923

+19.2% · $2,776 cash collected

Share price alone

-8.5%

excluding all dividends

Annualized (DRIP)

+6.6%

over 3.1 years

Historical performance. Reinvestment modeled at the closing price on the first trading day on or after each ex-dividend date. Past results do not predict future returns.

CVRD vs SPY

$10,000 invested Aug 22, 2023 to Oct 13, 2026, all dividends reinvested

SPY

CVRD (this fund)

$12,221

+22.2% total

SPY

$18,477

+84.8% total

A broad index fund is the usual yardstick for an income fund, since large distributions can still trail the index's total return. All series use actual prices and distributions with reinvestment on the ex-date.

CVRD Income Goal Calculator

How much you would need invested today to reach a monthly income target, at the trailing 12-month payout rate

Target monthly income

Investment needed

$78,256

Shares needed

4,269

at $18.33

Effective yield used

7.7%

trailing 12 months

Based on the trailing 12-month distributions per share. Future distributions can be higher or lower; this is not a guarantee of income.

About CVRD

Seeks income by holding equities and writing covered calls.

Income: Covered calls on equities

Underlying: U.S. equities
Payout: quarterly

Tax Considerations

Distributions from options-income ETFs are often classified partly as return of capital (ROC), which reduces your cost basis rather than being taxed as ordinary income in the year received. The exact split is published in the fund’s 19a-1 notices and finalized on your 1099-DIV.

CVRD Dividend FAQ

How often does CVRD pay dividends?: CVRD currently distributes every quarter, based on its recent payment history. Its most recent ex-dividend date was Sep 28, 2026 at $0.3000 per share.
When is CVRD's next ex-dividend date?: CVRD's next ex-dividend date is Dec 28, 2026, with payment on Dec 30, 2026. This date comes from the fund's published schedule. The fund has not announced the amount yet.
What is CVRD's dividend yield?: Over the trailing 12 months, CVRD paid $1.41 per share, a trailing 12-month yield of 7.7% at the current share price. The recent payout yield, from the latest payments annualized, is 7.7%. Option-income distributions change with the premiums the fund collects, so these two yields can differ.
What is CVRD's total return with dividends reinvested?: A $10,000 investment in CVRD on Aug 22, 2023 would be worth about $12,221 on Oct 13, 2026 with all distributions reinvested (+22.2%). Share price alone moved -8.5% over the same period.

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Data as of Oct 14, 2026 (quotes delayed 15+ minutes). Data is refreshed daily from market sources. Nothing on this page is investment advice. Estimates (next dividend date, amounts, breakeven timelines) are derived from historical distributions and can differ from actual fund announcements. See how these numbers are calculated.