2026-08-08

JEPI Dividend Calendar 2026: Monthly Pay Dates and Yield

JEPI (the JPMorgan Equity Premium Income ETF) pays dividends every month, usually with the ex-dividend date near the end of the month and the payment in the first week of the following month. Unlike a regular dividend stock, JEPI's monthly distribution is not fixed — it changes every month based on the income from the fund's covered-call strategy.

JEPI dividend calendar: monthly schedule

JEPI distributes twelve times a year. The exact ex-dividend and payment dates shift slightly each month and are only final once JPMorgan declares them.

Month	Typical distribution timing
Jan	Early January
Feb	Early February
Mar	Early March
Apr	Early April
May	Early May
Jun	Early June
Jul	Early July
Aug	Early August
Sep	Early September
Oct	Early October
Nov	Early November
Dec	Early December

The ex-dividend date usually falls in the last few days of the prior month, with payment following a few days later. Recent payments have landed around the first few days of each month, but treat this as a pattern, not a fixed calendar.

How the dividend cycle works

Declaration date: JPMorgan announces the amount and the key dates for the month.
Ex-dividend date: the cutoff. Buy before this date to receive the distribution; buy on or after it and the seller keeps it.
Record date: usually one business day after the ex-dividend date.
Payment date: the cash lands in your brokerage account, typically within a few business days of the ex-dividend date.

For JEPI, the date that matters for your trading is the ex-dividend date.

How much does JEPI pay?

JEPI's monthly distribution changes every month because it is generated by selling call options (through Equity-Linked Notes) on the S&P 500, not by a fixed company payout. Over recent months the per-share distribution has been roughly $0.37 to $0.39, but that is a recent range, not a guarantee — in high-volatility months the distribution can be larger, and in quiet markets it shrinks. The trailing yield has been in the 7% to 10% area, but it moves with the share price and the option income. Model the income with the monthly dividend calculator.

Why JEPI's distribution changes every month

JEPI is a covered-call fund. It holds the S&P 500 and sells call options on it, and the premium from those options is what boosts the distribution above an ordinary dividend yield. When markets are volatile, option premiums rise and the distribution tends to be larger; when markets are calm and rising, premiums fall and the distribution shrinks, and the call options can also cap JEPI's upside. Part of the distribution may be classified as return of capital in some periods. This is different from a stock like SCHD, which pays a quarterly dividend from portfolio income — see the SCHD dividend calendar for that cadence.

How to confirm the exact 2026 dates

Open the official JPMorgan fund page for JEPI and check the “Distributions” section.
Watch for the declaration announcement in the days before each ex-dividend date.
In your brokerage, the ex-dividend and payment dates appear under the corporate-action details for your position.

Dates published before the official declaration are estimates. Always confirm the declared dates before trading around a distribution.

Dividend dates and amounts can change and are not official until declared. JEPI distributions are variable and may include return of capital. This page is information, not financial or tax advice.

Want to project how reinvested JEPI distributions could grow? Try the DRIP calculator, compare monthly payers on the best monthly dividend stocks list, or check what makes a good dividend yield.

Frequently asked questions

Does JEPI pay monthly or quarterly dividends?

Monthly. JEPI (the JPMorgan Equity Premium Income ETF) pays a distribution every month, twelve times a year. The amount changes each month because it comes from a covered-call strategy, not a fixed payout.

What months does JEPI pay dividends?

Every month. The ex-dividend date usually falls near the end of the month and the payment lands in the first few days of the following month. The exact dates shift slightly each month and are only final once JPMorgan declares them.

How do I make sure I receive the next JEPI distribution?

Buy shares before the ex-dividend date and hold through that date. If you own the shares at the start of the ex-dividend day you receive the payment; if you buy on or after the ex-dividend date, the seller receives it. The payment follows within a few business days.

How much does JEPI pay per share?

It changes every month. Over recent months the per-share distribution has been roughly $0.37 to $0.39, but JEPI's payout is variable — it is larger in high-volatility months and smaller in calm markets. The trailing yield has been around 7% to 10%. Confirm the current figure on the official JPMorgan fund page.

Are JEPI dividends qualified?

Often mostly not. Because JEPI generates income through Equity-Linked Notes and a covered-call overlay, much of the distribution is typically taxed as ordinary income and may include return of capital rather than qualified dividends. This is not tax advice; check your own 1099 and situation.

Try the dividend calculator or browse all dividend articles. Educational only — not financial advice.