Dividend calculators · ETF · monthly
SPYI Dividend Calculator
NEOS S&P 500 High Income ETF. Project monthly, quarterly and annual income, DRIP compounding, break-even and a year-by-year table. Runs in your browser; the numbers you enter live in the page URL so you can share or bookmark a result.
Prefilled with a 11.91% reference yield at $53.20 · expense ratio 0.68% · as of 2026-09-15 · StockAnalysis. Edit any field.
| Dividends recovered | Time |
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| Year | Shares | Invested | Dividends | Cumulative | Value | Yield on cost |
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About SPYI
SPYI is the NEOS S&P 500 High Income ETF, an actively managed fund that holds S&P 500 stocks and runs a call-option overlay using SPX index options, which are taxed under Section 1256 rules. Distributions are paid monthly and have historically been classified largely as return of capital.
Type ETF Sector Covered-call ETF · S&P 500 Pays monthly Expense ratio 0.68%
How this calculator works
Shares bought is investment ÷ price. The dividend per share per payment is
price × yield ÷ 100 ÷ payments per year (12 for SPYI). For every payment the
calculator pays shares × dividend per share; with DRIP on it buys
payment ÷ current price more shares, and any annual contribution is split evenly across
the year's payments and also buys shares. The growth assumptions are converted to a per-payment rate so
that they compound to the annual figure you enter. Break-even is the first month at which the
dividends received so far reach 25%, 50%, 75% and 100% of the capital contributed to that point,
simulated out to 50 years. Yield on cost is the year's dividends divided by total capital contributed.
FAQ
- How much does SPYI pay per share?
- As of 15 September 2026 the reference figures from StockAnalysis were a 11.91% trailing-twelve-month yield at a share price of $53.20, which works out to about $6.34 per share a year, paid monthly (roughly $0.53 per month). ETF distributions change with the income of the underlying holdings, so check the issuer's latest declaration before relying on it.
- How many SPYI shares would it take to earn $1,000 a month?
- At the reference yield of 11.91% you would need about 1,894 shares, roughly $100,756 at $53.20 a share, to receive $12,000 a year. Set the initial investment to that amount in the calculator to see the projection. A higher yield needs fewer shares; a lower yield needs more.
- What does the DRIP toggle change?
- With DRIP on, each distribution buys more SPYI shares at the then-current price, so the next payment is slightly larger; the projection compounds 12 times a year. With DRIP off the distributions are counted as cash income and the share count only changes through your annual contributions.
- Does the calculator account for SPYI's 0.68% expense ratio?
- Not separately. SPYI's expense ratio of 0.68% is deducted inside the fund before distributions are paid, so a yield based on actual distributions is already net of it. The price-growth assumption is your own; if you model total return, remember the expense ratio is a drag on it.
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Not financial advice. Reference figures as of 2026-09-15 from StockAnalysis; yields and prices change daily and dividends can be cut. Projections are arithmetic on your assumptions, not forecasts.