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Read carefully before investing. Prospectus: https://lsfunds.com/hubfs/Regulatory/Prospectus.pdf?hsLang=en
$JEPI has paid 76 monthly distributions in a row since its first ex-dividend date on July 1, 2020, adding up to about $30.73 per share. The latest payout is $0.34134 per share (ex-date October 1, 2026). Over the last 12 months it paid $4.56 per share, a trailing yield of roughly 8%.
- Payments
- 76
- Total Paid
- ~$30.73
- Latest
- $0.34134
- TTM Dividend
- $4.56
- Record High
- $0.62102
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Try TopDividendETFsPRO →JEPI Dividend History: Every Payment Since 2020
All 76 monthly distributions, totals by year, the record months, and what six years of payouts tell you about the income you can actually expect.
Why I Look at $JEPI's Full History, Not Just the Latest Check
Most people look up $JEPI's dividend, see one number, and multiply it by 12. That's the fastest way to get your income plan wrong.
$JEPI doesn't pay a fixed dividend. It pays whatever its stocks and its options strategy generate that month. So the only honest way to judge it is to look at every single payment, the good years and the bad ones. That's what this page is.
Here's the short version. Since July 2020 $JEPI has never missed a month. It paid as much as $0.62102 in a month (July 2022) and as little as about $0.26 (August 2021). In a full calendar year it has paid anywhere from $4.16 to $6.36 per share. That range is the real product you're buying.
If you just want the next ex-date, I keep that on the $JEPI 2026 dividend dates page. This page is the long view.
JEPI Dividends by Year
Totals by ex-dividend year. Each December has two ex-dates, which is why every full year shows 12 payments even though no January ex-date exists.
This is the part most people miss
Look at 2022. $JEPI paid its biggest year ever while the S&P 500 was in a bear market. That's not a coincidence. $JEPI sells call options, and options get expensive when markets are scared. Scared markets mean fatter premiums, and fatter premiums mean bigger checks.
Then 2024, a calm year where stocks grinded higher, produced the smallest full-year payout. Calm markets mean cheap options and smaller checks. So $JEPI's income tends to rise when you feel worst about the market and shrink when everything feels great. I actually like that as a diversifier for an income portfolio, but you have to expect it.
Complete JEPI Dividend History (All 76 Payments)
Every distribution from newest to oldest. Use the year buttons to filter.
| Ex-Dividend Date | Amount / Share | Pay Date | Notes |
|---|---|---|---|
| Oct 1, 2026 | $0.34134 | Oct 5, 2026 | LATEST |
| Sep 1, 2026 | $0.37142 | Sep 3, 2026 | |
| Aug 3, 2026 | $0.36664 | Aug 5, 2026 | |
| Jul 1, 2026 | $0.38716 | Jul 6, 2026 | |
| Jun 1, 2026 | $0.38921 | Jun 3, 2026 | |
| May 1, 2026 | $0.44761 | May 5, 2026 | |
| Apr 1, 2026 | $0.42050 | Apr 6, 2026 | |
| Mar 2, 2026 | $0.35134 | Mar 4, 2026 | |
| Feb 2, 2026 | $0.34443 | Feb 4, 2026 | |
| Dec 31, 2025 | $0.42709 | Jan 5, 2026 | YEAR-END |
| Dec 1, 2025 | $0.37060 | Dec 3, 2025 | |
| Nov 3, 2025 | $0.34636 | Nov 5, 2025 | |
| Oct 1, 2025 | $0.36102 | Oct 3, 2025 | |
| Sep 2, 2025 | $0.36826 | Sep 4, 2025 | |
| Aug 1, 2025 | $0.35772 | Aug 5, 2025 | |
| Jul 1, 2025 | $0.39953 | Jul 3, 2025 | |
| Jun 2, 2025 | $0.54000 | Jun 4, 2025 | |
| May 1, 2025 | $0.48792 | May 5, 2025 | |
| Apr 1, 2025 | $0.40794 | Apr 3, 2025 | |
| Mar 3, 2025 | $0.32765 | Mar 5, 2025 | |
| Feb 3, 2025 | $0.32586 | Feb 5, 2025 | |
| Dec 31, 2024 | $0.39478 | Jan 3, 2025 | YEAR-END |
| Dec 2, 2024 | $0.40177 | Dec 4, 2024 | |
| Nov 1, 2024 | $0.37522 | Nov 5, 2024 | |
| Oct 1, 2024 | $0.39217 | Oct 3, 2024 | |
| Sep 3, 2024 | $0.39984 | Sep 5, 2024 | |
| Aug 1, 2024 | $0.28949 | Aug 5, 2024 | |
| Jul 1, 2024 | $0.33012 | Jul 3, 2024 | |
| Jun 3, 2024 | $0.36027 | Jun 5, 2024 | |
| May 1, 2024 | $0.32609 | May 6, 2024 | |
| Apr 1, 2024 | $0.34519 | Apr 4, 2024 | |
| Mar 1, 2024 | $0.30085 | Mar 6, 2024 | |
| Feb 1, 2024 | $0.30061 | Feb 6, 2024 | |
| Dec 28, 2023 | $0.42781 | Jan 3, 2024 | YEAR-END |
| Dec 1, 2023 | $0.39025 | Dec 6, 2023 | |
| Nov 1, 2023 | $0.35892 | Nov 6, 2023 | |
| Oct 2, 2023 | $0.36333 | Oct 5, 2023 | |
| Sep 1, 2023 | $0.33817 | Sep 7, 2023 | |
| Aug 1, 2023 | $0.29037 | Aug 4, 2023 | |
| Jul 3, 2023 | $0.35930 | Jul 7, 2023 | |
| Jun 1, 2023 | $0.36541 | Jun 6, 2023 | |
| May 1, 2023 | $0.42458 | May 4, 2023 | |
| Apr 3, 2023 | $0.44506 | Apr 6, 2023 | |
| Mar 1, 2023 | $0.41115 | Mar 6, 2023 | |
| Feb 1, 2023 | $0.44392 | Feb 6, 2023 | |
| Dec 29, 2022 | $0.57292 | Jan 4, 2023 | YEAR-END |
| Dec 1, 2022 | $0.61036 | Dec 6, 2022 | |
| Nov 1, 2022 | $0.60627 | Nov 4, 2022 | |
| Oct 3, 2022 | $0.48084 | Oct 6, 2022 | |
| Sep 1, 2022 | $0.55894 | Sep 7, 2022 | |
| Aug 1, 2022 | $0.49547 | Aug 4, 2022 | |
| Jul 1, 2022 | $0.62102 | Jul 7, 2022 | ALL-TIME HIGH |
| Jun 1, 2022 | $0.51642 | Jun 6, 2022 | |
| May 2, 2022 | $0.46806 | May 5, 2022 | |
| Apr 1, 2022 | $0.58777 | Apr 6, 2022 | |
| Mar 1, 2022 | $0.46226 | Mar 4, 2022 | |
| Feb 1, 2022 | $0.38181 | Feb 4, 2022 | |
| Dec 30, 2021 | $0.45861 | Jan 4, 2022 | YEAR-END |
| Dec 1, 2021 | $0.38245 | Dec 6, 2021 | |
| Nov 1, 2021 | $0.36614 | Nov 4, 2021 | |
| Oct 1, 2021 | $0.34338 | Oct 6, 2021 | |
| Sep 1, 2021 | $0.339 | n/a | |
| Aug 2, 2021 | $0.257 | n/a | LOWEST |
| Jul 1, 2021 | $0.395 | n/a | |
| Jun 1, 2021 | $0.314 | n/a | |
| May 3, 2021 | $0.374 | n/a | |
| Apr 1, 2021 | $0.348 | n/a | |
| Mar 1, 2021 | $0.321 | n/a | |
| Feb 1, 2021 | $0.263 | n/a | |
| Dec 30, 2020 | $0.543 | n/a | YEAR-END |
| Dec 1, 2020 | $0.500 | n/a | |
| Nov 2, 2020 | $0.515 | n/a | |
| Oct 1, 2020 | $0.435 | n/a | |
| Sep 1, 2020 | $0.453 | n/a | |
| Aug 3, 2020 | $0.290 | n/a | |
| Jul 1, 2020 | $0.494 | n/a | FIRST |
Amounts from October 2021 onward are shown to five decimals as reported in JPMorgan's distribution records via public data providers. Payments from July 2020 to September 2021 are shown as reported by Yahoo Finance, rounded to three decimals, and pay dates for those months are not listed. Year-end rows have a late-December ex-date and pay in early January.
The Record Months
- Highest ever: $0.62102 (ex-date July 1, 2022)
- 2nd highest: $0.61036 (December 1, 2022)
- 3rd highest: $0.60627 (November 1, 2022)
- Lowest ever: about $0.257 (August 2, 2021)
- Lowest since 2022: $0.28949 (August 1, 2024)
- Average of all 76 payments: about $0.40
The best month paid more than double the worst. If you're planning real bills around $JEPI, budget off the yearly average, not the most recent check.
What $10,000 in $JEPI Pays Based on Its History
Hypothetical math at a share price of about $57.15 (October 19, 2026), which buys roughly 175 shares. Before taxes.
| If $JEPI pays like... | Per Share / Year | Yearly Income | Monthly Income |
|---|---|---|---|
| 2024 (weakest year) | $4.22 | ~$738 | ~$62 |
| Last 12 months | $4.56 | ~$799 | ~$67 |
| 2025 | $4.72 | ~$826 | ~$69 |
| 2022 (best year) | $6.36 | ~$1,113 | ~$93 |
Hypothetical only. Assumes 175 shares and no reinvestment. Real distributions change every month. Run your own numbers on DividendProjection.com.
So a $10,000 position has historically thrown off somewhere between about $60 and $95 a month. That's a wide band, and it's why I never plan around a single month. If you reinvest, the share count grows every month and that range climbs over time.
How JEPI Makes Its Monthly Income
The Engine Behind the Payouts
- Ticker
- JEPI
- Issuer
- J.P. Morgan
- Inception
- May 20, 2020
- Expense Ratio
- 0.35%
- Price Decay
- None
$JEPI owns a defensive, actively managed basket of large U.S. stocks. On top of that it sells S&P 500 call options, mostly through equity-linked notes. The option premiums plus the stock dividends get paid out every month.
The trade-off is simple. Selling calls caps some of your upside in big rallies. In return you get a high, steady stream of cash. $JEPI is not built to beat the S&P 500 in a roaring bull market. It's built to pay you while giving you a smoother ride.
One thing I like: unlike a lot of high-yield funds, $JEPI hasn't bled its share price. Our database flags it with no price decay, and it trades around $57 today. Income that doesn't eat your principal is the whole game.
JEPI vs JEPQ: Dividend History Side by Side
| JEPI | JEPQ | |
|---|---|---|
| Built around | S&P 500 | Nasdaq-100 |
| First payout | July 2020 | June 2022 |
| Trailing 12 months | $4.56 | $6.88 |
| Trailing yield (approx.) | ~8% | ~11% |
| October 2026 payout | $0.34134 | $0.56687 |
| Expense ratio | 0.35% | 0.35% |
| Personality | Steadier, more defensive | More tech, more volatile |
See the full $JEPQ dividend history and $JEPQ's current yield.
If I want more income and can stomach tech swings, $JEPQ pays more. If I want the calmer ride, $JEPI is the one. Plenty of income investors simply own both. Want a non-JPMorgan comparison? I covered the NEOS side in the $QQQI dividend history, and for a classic dividend growth contrast, check the $SCHD dividend history.
The Risks I'd Want You to Know
- The payout is variable. 2024 paid about a third less than 2022. If your budget needs a fixed number, $JEPI alone won't give you that.
- Capped upside. In strong bull markets $JEPI usually trails the S&P 500 on total return because the calls it sells limit gains.
- Taxes. A big chunk of $JEPI's income comes from equity-linked notes and is generally taxed as ordinary income, so many investors hold it in an IRA or other tax-advantaged account.
- Still a stock fund. In a sharp selloff the share price drops too. The income cushions it, it doesn't prevent it.
My Takeaway
Six years of data tell a clear story. $JEPI has paid every single month, kept its share price intact, and delivered roughly $4 to $6 per share a year depending on how volatile the market was. That's a reliable income tool, just not a fixed one.
Here's what I actually look at before buying any income ETF: the full payout history, whether the price has decayed, and the total return. $JEPI passes the first two easily. On total return it's solid but it won't keep pace with the index in a raging bull market, and I'm fine with that because that's not its job.
If you want to compare it against every other income ETF on yield, price decay and total return, the free list on TopDividendETFs.com is updated daily, and ETFTotalReturns.com shows the total return side. For deeper screening, TopDividendETFsPRO lets you filter by price decay, ratings and live yield across 130+ funds. Want monthly payers only? MonthlyETFs.com lists them all.
Frequently Asked Questions: JEPI Dividend History
- What is $JEPI's dividend history?$JEPI has paid 76 consecutive monthly distributions since its first ex-dividend date on July 1, 2020, totaling about $30.73 per share. Yearly totals were $4.16 in 2021, $6.36 in 2022, $4.62 in 2023, $4.22 in 2024, $4.72 in 2025 and $3.42 so far in 2026. The latest payout is $0.34134 per share with an October 1, 2026 ex-date.
- How much does $JEPI pay per month?Over the last 12 months $JEPI paid between $0.34134 and $0.44761 per share each month, for a total of $4.56 per share, or about $0.38 a month. The all-time average is about $0.40 per payment.
- What is the highest dividend $JEPI has ever paid?$JEPI's highest monthly distribution was $0.62102 per share in July 2022. The next two largest were $0.61036 in December 2022 and $0.60627 in November 2022, when market volatility was high and option premiums were rich.
- What is $JEPI's dividend yield?$JEPI paid $4.56 per share over the trailing twelve months. At a share price of about $57.15 on October 19, 2026, that is a trailing yield of roughly 8%.
- Is $JEPI's dividend going down?$JEPI's payout moves with option premiums, not with a fixed policy. 2022 was the peak year at $6.36 per share, 2024 the low at $4.22, and 2025 recovered to $4.72. 2026 is averaging about $0.38 a month, similar to 2025. A smaller month usually reflects calmer markets, not a cut in the traditional sense.
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Read carefully before investing. Prospectus: https://lsfunds.com/hubfs/Regulatory/Prospectus.pdf?hsLang=en
Important Disclaimer
TopDividendETFs.com is published by Dividend Empire LLC for educational and informational purposes only. This is not financial advice and not a recommendation to buy or sell any security. Do your own research and consult a licensed financial advisor before investing. Distribution amounts come from JPMorgan's published records as reported by public data providers (StockAnalysis and Yahoo Finance); amounts before October 2021 are rounded. Data as of October 19, 2026. Past distributions do not guarantee future payments, and income examples are hypothetical. Options-based income strategies can lag the market in strong rallies. TopDividendETFs.com is not affiliated with J.P. Morgan Asset Management.