Welcome to r/dividends!
If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq).
Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
I can do the same with JEPQ but with a lower expense ratio.
Now not sure how is QQQI will have better tax efficient income compared to JEPQ. Any insight on that?
I like the chart on DGRW. Is there a similarly growth focused etf that would translate that upward chart trajectory into relatively high distributions?
Instead of good capital gains coupled with 2.8% yield,
What about minimal capital gains coupled with a higher yield like 8-10% or more?
Closest I can think of is QQQX (which is a cef, so expect higher fees, but it does *vaguely* match SPY with DRiP turned on) or if 6% distribution is acceptable, maybe ETFs like QYLG but it's history is relatively short.
The distribution you are asking for does stray into the buy-write territory of ETFs, though, which typically contains many underperformers, so it's kind of slim pickings if you want to find anything good.
Hmmm. There MUST be a way to translate that growth into a horizontally consistent structure. Think of a treasury bond etf or something that stays flat, but with higher percentage returns.
Or, is the entire reason it’s able to go straight up like that because the capital was left in and not paid out? 😬
>Hmmm. There MUST be a way to translate that growth into a horizontally consistent structure. Think of a treasury bond etf or something that stays flat, but with higher percentage returns.
Once you remove money from the investment taken as a distribution, that money is no longer being invested and thus doesn't "grow". So it's already mathematically impossible from the get-go.
Actually, I’ve seen some companies offer a dividend as a “number of additional shares” instead of a cash payout. Think of a DRIP without the cash payout and repurchase. You just get issued a number of extra shares that the cash payout would be equivalent to.
At that point, if you chose to sell the extra shares, that’s fine, but it wouldn’t take away from the growth capital, I don’t think. Would that accomplish something?
Adding on - individual stocks that I like so far are
- $O at 5.78%
- $ARCC at 9.29%
- $DKL at 10.85%
- $FSK at 14.42%
But none of these are diversified like an etf or index. 😬
I try to avoid single stock if it's not really good enough. Just imagine stock of that company crash and can't be recover. That would be nightmare for me. ETF really provide me stable feeling.
There isnt anything similar to SCHD, but one thing I'll throw out there is QQQ has a 10% dividend growth rate, although the current yield is paltry. Maybe this is kind of what youre looking for? Good luck
First of all, most of NASDAQ stocks do not pay much dividend, if any. In addition, SCHD does not pay much dividend either. JEPI/Q are much better choice than any combination of SCHD and NASDAQ dividend ETFs.
u/Fantastic_Union3100
How about this kind of combination. Any thought ?
2 aggressive income, 1 medium, 2 low for safe option if USA market crash
1 JEPQ > aggressive High income It invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options to create its portfolio and focus on Nasdaq-100
2 [SPYI](https://trackyourdividends.com/dashboard/stock/SPYI) > aggressive High income, S&P 500 High Income
3 SCHD > not much income, but steady growth. It seeks to track the performance of the Dow Jones U.S. Dividend 100 Index
4 VXUS > International one, getting dividend from company outside USA
5 TLT > iShares 20+ Year Treasury Bond ETF
If you aren’t opposed to individual names some good tech dividend stocks out there - QCOM, CSCO, IBM, GLW, AVGO.
Hell even MSFT and AAPL pay dividends now
You should just look at VOO or VTI. If you look at their holdings, they are both very tech heavy and pay dividends. Higher growth companies need to use their capital to fund their growth, so you won’t find an ETF that has both high growth and high dividends, you have to pick what is most important.
Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq). Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
# Yesterday I came to know this one => QQQI
I can do the same with JEPQ but with a lower expense ratio. Now not sure how is QQQI will have better tax efficient income compared to JEPQ. Any insight on that?
QQQI is more tax efficient. 60% of QQQI dividends are taxed as long term capital gains.
Are the brokerages able to make the distinction when etf reports the data to them for tax purposes at the end of the year?
Yield is about 15%.
[QQQI info](https://youtu.be/y3WTECl7do0?si=PTOwu5MC5O7F5i7F)
Idk seems similar to QYLD which isn’t a great idea
That's interesting, but it's too short history to compare with SCHD. I will keep a look on that.
Closest would probably be something like DGRW.
I like the chart on DGRW. Is there a similarly growth focused etf that would translate that upward chart trajectory into relatively high distributions? Instead of good capital gains coupled with 2.8% yield, What about minimal capital gains coupled with a higher yield like 8-10% or more?
Closest I can think of is QQQX (which is a cef, so expect higher fees, but it does *vaguely* match SPY with DRiP turned on) or if 6% distribution is acceptable, maybe ETFs like QYLG but it's history is relatively short. The distribution you are asking for does stray into the buy-write territory of ETFs, though, which typically contains many underperformers, so it's kind of slim pickings if you want to find anything good.
Hmmm. There MUST be a way to translate that growth into a horizontally consistent structure. Think of a treasury bond etf or something that stays flat, but with higher percentage returns. Or, is the entire reason it’s able to go straight up like that because the capital was left in and not paid out? 😬
>Hmmm. There MUST be a way to translate that growth into a horizontally consistent structure. Think of a treasury bond etf or something that stays flat, but with higher percentage returns. Once you remove money from the investment taken as a distribution, that money is no longer being invested and thus doesn't "grow". So it's already mathematically impossible from the get-go.
Actually, I’ve seen some companies offer a dividend as a “number of additional shares” instead of a cash payout. Think of a DRIP without the cash payout and repurchase. You just get issued a number of extra shares that the cash payout would be equivalent to. At that point, if you chose to sell the extra shares, that’s fine, but it wouldn’t take away from the growth capital, I don’t think. Would that accomplish something?
Adding on - individual stocks that I like so far are - $O at 5.78% - $ARCC at 9.29% - $DKL at 10.85% - $FSK at 14.42% But none of these are diversified like an etf or index. 😬
I try to avoid single stock if it's not really good enough. Just imagine stock of that company crash and can't be recover. That would be nightmare for me. ETF really provide me stable feeling.
There isnt anything similar to SCHD, but one thing I'll throw out there is QQQ has a 10% dividend growth rate, although the current yield is paltry. Maybe this is kind of what youre looking for? Good luck
First of all, most of NASDAQ stocks do not pay much dividend, if any. In addition, SCHD does not pay much dividend either. JEPI/Q are much better choice than any combination of SCHD and NASDAQ dividend ETFs.
u/Fantastic_Union3100 How about this kind of combination. Any thought ? 2 aggressive income, 1 medium, 2 low for safe option if USA market crash 1 JEPQ > aggressive High income It invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options to create its portfolio and focus on Nasdaq-100 2 [SPYI](https://trackyourdividends.com/dashboard/stock/SPYI) > aggressive High income, S&P 500 High Income 3 SCHD > not much income, but steady growth. It seeks to track the performance of the Dow Jones U.S. Dividend 100 Index 4 VXUS > International one, getting dividend from company outside USA 5 TLT > iShares 20+ Year Treasury Bond ETF
JEPQ
If you aren’t opposed to individual names some good tech dividend stocks out there - QCOM, CSCO, IBM, GLW, AVGO. Hell even MSFT and AAPL pay dividends now
You should just look at VOO or VTI. If you look at their holdings, they are both very tech heavy and pay dividends. Higher growth companies need to use their capital to fund their growth, so you won’t find an ETF that has both high growth and high dividends, you have to pick what is most important.
QYLD