QYLD Turns Mag 7 Tech Stocks Into an 11% Dividend Yield
247Wallst·2025-12-10 13:48
Core Insights - The Global X Nasdaq 100 Covered Call ETF (NASDAQ: QYLD) generates an 11% monthly dividend by utilizing a covered call strategy on the Nasdaq-100's leading technology stocks [1] Group 1 - The ETF focuses on the top technology stocks within the Nasdaq-100 index [1] - By selling call options, the ETF aims to enhance income for investors [1] - The strategy allows for a consistent monthly dividend payout, appealing to income-focused investors [1]