Monthly Dividend ETFs

Exchange-traded funds that pay distributions every month.

Most equity ETFs distribute quarterly, but a large minority — especially bond, covered-call and multi-asset income funds — pays monthly, matching the cadence of the income their holdings throw off.

For an ETF the monthly figure is a distribution rather than a corporate dividend: it can blend dividends, interest, option premium and sometimes return of capital, and it commonly varies month to month.

Matching Securities39

Shown39

Median Yield (shown)5.96%

Top Yield (shown)14.14%

#	Company	Price	Yield	Frequency	Rank
1	JPMorgan Nasdaq Equity Premium Income ETF JEPQ	$59.84	14.14%	Monthly	36
2	JPMorgan Nasdaq Equity Premium Income Active ETF JEPQ.TO	$28.51	13.02%	Monthly	35
3	YieldMax Target 12 Real Estate Option Income ETF RNTY	$49.54	12.32%	Quarterly	35
4	Global X - Russell 2000 Covered Call ETF RYLD	$16.43	12.07%	Monthly	38
5	Global X - Nasdaq 100 Covered Call ETF QYLD	$18.32	11.98%	Monthly	38
6	Brompton Enhanced Multi-Asset Income ETF BMAX.TO	$15.16	10.29%	Monthly	42
7	Roundhill Investments - S&P 500 Target 10 Managed Distribution ETF TPAY	$54.20	9.34%	Monthly	42
8	Global X - SuperDividend ETF SDIV	$24.92	8.67%	Monthly	46
9	Brompton Flaherty & Crumrine Enhanced Investment Grade Preferred ETF BEPR.TO	$8.38	8.59%	Monthly	48
10	Brompton Global Healthcare Income & Growth ETF HIG.TO	$7.74	8.53%	Monthly	45
11	JPMorgan Equity Premium Income ETF JEPI	$57.92	7.60%	Monthly	51
12	Brompton European Dividend Growth ETF EDGF.TO	$11.65	7.21%	Monthly	54
13	Mackenzie Floating Rate Income ETF MFT.TO	$15.75	7.09%	Monthly	53
14	Brompton Global Dividend Growth ETF BDIV.TO	$25.12	6.69%	Monthly	53
15	Middlefield Real Estate Dividend ETF MREL.TO	$13.47	6.68%	Monthly	56
16	Global X - U.S. Preferred ETF PFFD	$18.39	6.53%	Monthly	53
17	Brompton Tech Leaders Income ETF TLF.TO	$32.58	6.45%	Monthly	56
18	Brompton North American Financials Dividend ETF BFIN.TO	$28.91	6.23%	Monthly	53
19	Brompton Split Corp. PreferredShareETF SPLT.TO	$11.07	5.96%	Monthly	60
20	Brompton Flaherty & Crumrine Investment Grade Preferred ETF BPRF.TO	$22.15	5.96%	Monthly	62
21	iShares Preferred and Income Securities ETF PFF	$30.46	5.61%	Monthly	67
22	Middlefield Healthcare Dividend ETF LS.TO	$10.94	5.48%	Monthly	62
23	Invesco S&P 500 High Dividend Low Volatility ETF SPHD	$53.23	4.95%	Monthly	64
24	Mackenzie Emerging Markets Bond Index ETF (CAD-Hedged) QEBH.TO	$78.79	4.87%	Monthly	61
25	Lysander-Slater Preferred Share ActivETF PR.TO	$10.44	4.83%	Monthly	62
26	Amplify CWP Enhanced Dividend Income ETF DIVO	$48.57	4.65%	Monthly	61
27	Invesco High Yield Equity Dividend Achievers ETF PEY	$25.18	4.44%	Monthly	66
28	Brompton North American Low Volatility Dividend ETF BLOV.TO	$26.91	4.24%	Monthly	61
29	Russell Investments Global Infrastructure Pool ETF RIIN.TO	$23.37	4.21%	Monthly	61
30	Russell Investments Fixed Income Pool RIFI.TO	$17.37	4.08%	Monthly	61
31	Russell Investments Real Assets ETF RIRA.TO	$21.19	3.96%	Monthly	60
32	Vanguard Canadian Aggregate Bond Index ETF VAB.TO	$22.50	3.55%	Monthly	65
33	Mackenzie Canadian Strategic Fixed Income ETF MKB.TO	$18.79	3.09%	Monthly	63
34	WisdomTree U.S. High Dividend Fund DHS	$119.29	3.07%	Monthly	65
35	Exemplar Growth & Income Fund EGIF.TO	$28.41	2.91%	Monthly	55
36	Mackenzie Canadian Short Term Fixed Income ETF MCSB.TO	$19.82	2.72%	Monthly	53
37	iShares Core High Dividend ETF HDV	$29.81	1.41%	Monthly	47
38	WisdomTree U.S. LargeCap Dividend Fund DLN	$100.73	1.25%	Monthly	49
39	WisdomTree U.S. Quality Dividend Growth Fund DGRW	$99.29	0.79%	Monthly	42

Methodology

ETFs in our coverage whose recent distributions run on a monthly schedule, ordered by distribution yield (latest regular distribution annualized against the latest price).

What to Keep in Mind

Distribution yield is not earnings yield: funds that write options or use leverage can sustain high distributions while NAV erodes. Corporate payout ratios do not apply to ETFs; judge a fund on its distribution history and what the distribution is made of.

Frequently asked questions

Which ETFs pay monthly dividends?

Mostly bond funds, covered-call equity funds and multi-asset income funds — structures whose underlying cash flows arrive monthly. The table above is the live monthly-paying set in our coverage.

Why do ETF distributions change every month?

Because they pass through whatever the holdings generated — dividends, interest, option premium — rather than a board-declared fixed amount. Variation is normal, not necessarily a cut.

Data updated Aug 27, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.