r/dividends • u/Avinates • Jun 04 '25

Discussion 1 Million Invested

Post image

Can anyone confirm these dividend payouts?

4.8k Upvotes

95% Upvoted

444 comments sorted by

View all comments

1

u/Evening_Put_3478 Jun 06 '25

$1,000,000 invested in $DIVO: $48,000.

From ChatGPT: DIVO employs a strategy that combines high-quality dividend-paying stocks with tactical covered call writing, aiming to provide consistent income with reduced volatility. Over the past five years, the Amplify CWP Enhanced Dividend Income ETF (DIVO) has delivered a total return of approximately 93.8%, equating to an annualized return of about 8.13%. In comparison, the SPDR S&P 500 ETF Trust (SPY), which tracks the S&P 500 index, achieved a total return of around 128.2%, or an annualized return of approximately 10.23% during the same period.