CVRD is Madison Asset Management, LLC's Madison Covered Call ETF (Derivative Income). Trading at $18.73. Current dividend yield: 7.49%.
Dividend snapshot
| Annual dividend rate | $1.41 |
| Current yield | 7.49% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Jun 26, 2026 |
| Most recent payment date | Mar 31, 2026 |
| Last payment amount | $0.3000 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | — |
| Expense ratio | 0.92% |
| Payout ratio | 0% |
| Market cap | $35M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-03-27 | $0.3000 |
| 2025-12-26 | $0.5050 |
| 2025-09-26 | $0.3000 |
| 2025-06-26 | $0.3000 |
| 2025-03-27 | $0.3000 |
| 2024-12-26 | $0.4710 |
| 2024-09-26 | $0.3000 |
| 2024-06-26 | $0.8220 |
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.
Track CVRD in DiviDrip
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Data refreshed 2026-05-24. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.