# Madison Covered Call ETF (CVRD) — Dividends

CVRD · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/cvrd/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $1.38 |
| Forward yield | 7.44% |
| Growth streak | — |

Madison Covered Call ETF is a fund that pays quarterly distributions. Its most recent distribution was $0.30 per share, with an [ex-date](/instructions/learning/ex-dividend-date) of September 28, 2026 and a pay date of September 30, 2026. Over the trailing twelve months, the fund paid $1.38 per share, a [yield](/instructions/learning/dividend-yield) of 7.59% at a share price of $18.14.

Recent distributions have been steady. Every March, June and September distribution since September 2024 has been $0.30. Ex-dates fall in the last week of the quarter's final month, with payment one to four days later. The December 2025 distribution was $0.48, larger than the regular amount. Distributions with ex-dates in 2025 added up to $1.38, and the three in 2026 so far add up to $0.90.

The earlier record is irregular. The table starts with $0.01 in September 2023. December 2023 and December 2024 each had two distributions on the same date: $0.20 and $0.10, then $0.40 and $0.08. The March 2024 distribution of $1.35 and the June 2024 one of $0.82 were unusually large, far above every other amount in the table. The source shows no growth streak. If the pattern holds, the next distribution would go ex-distribution in late December 2026.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 28, 2026 | Sep 30, 2026 | $0.30 |
| Jun 26, 2026 | Jun 30, 2026 | $0.30 |
| Mar 27, 2026 | Mar 31, 2026 | $0.30 |
| Dec 26, 2025 | Dec 30, 2025 | $0.48 |
| Sep 26, 2025 | Sep 30, 2025 | $0.30 |
| Jun 26, 2025 | Jun 30, 2025 | $0.30 |
| Mar 27, 2025 | Mar 31, 2025 | $0.30 |
| Dec 26, 2024 | Dec 27, 2024 | $0.40 |
| Dec 26, 2024 | Dec 27, 2024 | $0.08 |
| Sep 26, 2024 | Sep 30, 2024 | $0.30 |
| Jun 26, 2024 | Jun 28, 2024 | $0.82 |
| Mar 26, 2024 | Mar 28, 2024 | $1.35 |
| Dec 26, 2023 | Dec 29, 2023 | $0.20 |
| Dec 26, 2023 | Dec 29, 2023 | $0.10 |
| Sep 26, 2023 | Sep 29, 2023 | $0.01 |

## Frequently Asked Questions

### Does Madison Covered Call ETF (CVRD) pay a distribution?

Yes. Madison Covered Call ETF pays a quarterly distribution; the most recent payment was $0.30 per share.

### What is CVRD's distribution yield?

Madison Covered Call ETF paid $1.38 per share over the trailing twelve months, a yield of 7.44% at the last price of $18.50. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is CVRD's most recent ex-distribution date?

Madison Covered Call ETF's most recent ex-distribution date is Sep 28, 2026, payable on Sep 30, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).