CVRD Distribution History & Yield

Madison Covered Call ETF · NYSEArca

ETF Derivative Income Quarterly payer Covered callHigh yield
$18.66
-0.94% today
as of Sep 9, 2026
TTM yield
7.53%
$1.405/share over the last 12 months
Forward yield
6.43%
$1.20/share indicated annual rate
Annual distribution
$1.20
per share, forward
Per payment
$0.30
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Sep 25, 2026 Estimated
in 16 days
Next pay date
Oct 9, 2026
in 30 days
Last ex-distribution date
Jun 26, 2026
$0.30 per share
Expense ratio
0.92%
AUM 31.7M
Consistency
47/100
highly variable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
2 yrs
consecutive annual raises
Years paying
3.0
since Sep 26, 2023
1y total return
+5.0%
price -2.3% + distributions 7.4%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Sep 25, 2026 (in 16 days) Oct 9, 2026 $0.30 $30.00 Estimated
Fri, Dec 25, 2026 (in 107 days) Jan 8, 2027 $0.30 $30.00 Estimated
Fri, Mar 26, 2027 (in 198 days) Apr 9, 2027 $0.30 $30.00 Estimated
Fri, Jun 25, 2027 (in 289 days) Jul 9, 2027 $0.30 $30.00 Estimated

Estimated dates and amounts are projected from CVRD's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.20 per share.

Distribution payment history

Last 12 payments per share. RegularSpecial

Last 12 payments per share from Sep 26, 2023 to Jun 26, 2026; most recent $0.30$0.00$0.75$1.50Sep 26, 2023: $0.007Sep '23Dec 26, 2023: $0.304Mar 26, 2024: $1.354 (special)Mar '24Jun 26, 2024: $0.822Sep 26, 2024: $0.30Sep '24Dec 26, 2024: $0.471Mar 27, 2025: $0.30Mar '25Jun 26, 2025: $0.30Sep 26, 2025: $0.30Sep '25Dec 26, 2025: $0.505Mar 27, 2026: $0.30Mar '26Jun 26, 2026: $0.30

Annual distributions per share

Annual dividend per share by calendar year, 2023 to 2026 (year to date)$0.00$1.00$2.002023: $0.311$0.31120232024: $1.593$1.59320242025: $1.405$1.40520252026 (YTD): $0.60$0.602026 YTD

How much CVRD do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,000$18,663$1,200
$500 / month5,000$93,314$6,000
$1,000 / month10,000$186,628$12,000

Based on the forward yield of 6.43%. $10,000 in CVRD would currently pay about $643 a year ($54 a month on average). Model reinvestment and growth →

CVRD distribution history

Download CSV
Ex-datePay dateAmountChange
Jun 26, 2026 $0.30 +0.0%
Mar 27, 2026 $0.30 -40.6%
Dec 26, 2025 $0.505 +68.3%
Sep 26, 2025 $0.30 +0.0%
Jun 26, 2025 $0.30 +0.0%
Mar 27, 2025 $0.30 -36.3%
Dec 26, 2024 $0.471 +57.0%
Sep 26, 2024 $0.30 -63.5%
Jun 26, 2024 $0.822 +170.4%
Mar 26, 2024 $1.354 Special
Dec 26, 2023 $0.304 +4242.9%
Sep 26, 2023 $0.007

Payout risk check

Distribution stabilityElevated risk

CVRD's last 12 distributions were highly variable (consistency score 47/100).

Its share price moved -2.3% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Madison Covered Call ETF

The fund will seek to achieve its objectives by (1) investing in common stocks of equity securities that pay dividends and (2) writing (i.e., selling) covered call options on a substantial portion of its portfolio of securities. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of companies, including other investment companies.

Fund family: Madison Asset Management, LLC. Category: Derivative Income. First distribution on our records: Sep 26, 2023. 12 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

CVRD distribution FAQ

When is CVRD's next ex-distribution date?

CVRD's next ex-distribution date is Sep 25, 2026 (in 16 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.30 per share, expected on Oct 9, 2026.

How often does CVRD pay distributions?

CVRD pays distributions every quarter, 4 times a year. The most recent payment was $0.30 per share with an ex-date of Jun 26, 2026.

What is CVRD's distribution yield?

CVRD's trailing 12-month distribution yield is 7.53%, based on $1.405 per share paid over the last year and a share price of $18.66. The forward yield, using the indicated annual rate of $1.20 per share, is 6.43%.

How much does CVRD pay per share?

CVRD pays about $0.30 per share each quarter, which works out to roughly $1.20 per share a year. 100 shares would collect about $120.00 a year.

Has CVRD grown or cut its distribution?

CVRD has raised its annual distribution for 2 consecutive years. Over the last year the regular payout changed +2.5%.

How many shares of CVRD do I need to earn $100 a month?

At the current forward yield of 6.43%, you would need about 1,000 shares of CVRD (roughly $18,663 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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