This 9.7% Yield ETF Pays Triple VYM, But There’s a Hidden Problem

24/7 Wall St. Quick Read SDIV’s 9.7% yield relies on mortgage REITs with payout ratios exceeding 200% and monthly dividends that have dropped 25% since early 2023. Top holdings like AGNC and IVR distribute multiples of their earnings. This practice cannot continue indefinitely. JEPI offers an 8.2% yield through covered calls on quality U.S. stocks with sustainable payout ratios like Broadcom’s 61%. If you’re thinking about retiring or know someone who is, there are three quick questions causing ma ...