Calculate compound grownth of investment in Dividend Growth stocks - a Dividend Snowball effect for JEPI - JPMorgan Equity Premium Income ETF - one of the most popular Dividend ETFs in the US!
JEPI, has a 4.5-year Dividend CAGR (Compound Annual Growth Rate) of -4.57%
and around 3.46% share price CAGR annual price appreciation, making it one of the best performing ETFs in terms of "Total Return" - principal & dividend growth (with DRIP).
JEPI latest price: $58.20
JEPI dividends: $4.25 / year (8.28% FWD yield)
| Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance | No Drip |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $10,000 | 132 | $76 | $0.74 | 3.91% | 3.81% | $427 | $427 | 153 | $11,627 | $11,627 |
Once you caluclate "Dividends Snowball", table above will show annual performance: Stock Price, Dividend Payments, Yield, Yield-on-Cost, Number of Share, Tatal Return, etc., for each year.
Compare JEPI vs other Stock or ETF:
JEPI in the only popular ETF - there are many others, such as SCHD, JEPQ, DGRW, VOO, SPY, VTI, VTG, etc. You can compare performance of 2 etfs or stocks side by side with our stock cmparison tool. Enter stock tickers in the form below to compare & research your favorite stocks/ETFs.
Historic Dividend Payments & Yield for JEPI
Below is the graph of ALL JEPI dividend payments, overlayed with Dividend Yield line. As you can see both have an upward trajectory! So while your dividend payments are going up, so does you actual yeild and "Yield on Cost".
The red line on the JEPI dividend graph represents the Dividend Yield on the day the dividend was paid, based on
TTM (trailing twelve months) dividend payments, and JEPI share price on the dividend-payment date.
As you can see JEPI Dividend yield has hsitorically gone UP, compared to many other popular ETFs, such as
VOO/SPY, etc - this means that JEPI dividend CAGR is historically higher than its share price CAGR.
And that is a GOOD THING, since your dividend grow faster than the share price. So each time you 'DRIP', you get more bang for your buck!
JEPI Historic Dividend Payments & Yield list
Below is a table of last 10 JEPI dividend payments, ex-dates, share price on the day of the payment as well as TTM & forward yield
| Dividend Date | Dividend Amount | TTM Yield | Forward Yield | Share Price |
|---|---|---|---|---|
| 12-02-2024 | $0.402 | 7.05% | 8% | $60.30 |
| 11-01-2024 | $0.375 | 7.25% | 7.7% | $58.47 |
| 10-01-2024 | $0.392 | 7.14% | 7.96% | $59.11 |
| 09-03-2024 | $0.4 | 7.22% | 8.26% | $58.09 |
| 08-01-2024 | $0.289 | 7.25% | 6.09% | $57.00 |
| 07-01-2024 | $0.33 | 7.36% | 7.06% | $56.11 |
| 06-03-2024 | $0.36 | 7.4% | 7.69% | $56.20 |
| 05-01-2024 | $0.326 | 7.51% | 7.05% | $55.50 |
| 04-01-2024 | $0.345 | 7.45% | 7.23% | $57.27 |
| 03-01-2024 | $0.301 | 7.68% | 6.35% | $56.82 |
Why is JEPI dividend ETF so popular?
Honestly that is an excellent question! Back in 2022, when JEPI was yielding 10-11%, many people could justify holding JEPI for dividend income, with minimal price volatility (which is the selling point of JEPI).
But now in 2024, with forward yield being around 6.5% and non-qualified dividends (meaning you pay higher tax rate in the US), and flat price for past 12 months, JEPI is not so attractive.
If you compare JEPI vs SCHD, you will see that SCHD had 29% higher return than JEPI in the period since JEPI’s inception.
Should you buy JEPI for dividend income?
While we don’t provide investment advice, we feel that even in the near term, with forward dividend yield falling below 6.5% (as of Feb. 2024), with non-qualified dividends (higher tax) and no price appreciation, there are better options out there.
