CVRD is Madison Asset Management, LLC's Madison Covered Call ETF (Derivative Income). Trading at $18.91. Current dividend yield: 6.38%.
Dividend snapshot
| Annual dividend rate | $1.20 |
| Current yield | 6.38% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Sep 25, 2026(in 22 days) |
| Most recent payment date | Jun 30, 2026 |
| Last payment amount | $0.3000 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | — |
| Expense ratio | 0.92% |
| Payout ratio | 0% |
| Market cap | $33M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-06-26 | $0.3000 |
| 2026-03-27 | $0.3000 |
| 2025-12-26 | $0.5055 |
| 2025-09-26 | $0.3000 |
| 2025-06-26 | $0.3000 |
| 2025-03-27 | $0.3000 |
| 2024-12-26 | $0.4712 |
| 2024-09-26 | $0.3000 |
About CVRD
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.
Frequently asked
What is CVRD's dividend yield?
CVRD (Madison Covered Call ETF) currently has a dividend yield of 6.38%, which works out to about $1.20 in annual dividend payments per share.
When is CVRD's next ex-dividend date?
CVRD's next ex-dividend date is Sep 25, 2026 (in 22 days). To receive the upcoming dividend, you must own shares before this date.
When did CVRD last pay a dividend?
CVRD's most recent dividend payment date was Jun 30, 2026.
How often does CVRD pay dividends?
CVRD pays dividends on a quarterly schedule.
Track CVRD in DiviDrip
Add CVRD to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search CVRD and add your shares.
- View the CVRD Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like CVRD.
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Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.