TappAlpha SPY Growth & Daily Income ETF (TSPY) Declares $0.30 Monthly Dividend — 14.3% Yield
TappAlpha SPY Growth & Daily Income ETF (TSPY) declared a $0.3001 monthly dividend. Read key dates, 14.3% yield info and what investors should consider.
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TappAlpha SPY Growth & Daily Income ETF (NASDAQ: TSPY) announced a monthly dividend on Monday, February 2nd, confirming a payout that will attract income-focused investors. The fund declared a dividend of $0.3001 per share for shareholders of record on Tuesday, February 3rd, with payment scheduled for Wednesday, February 4th.
This monthly distribution implies a robust annualized yield of 14.3% based on the fund’s published figures. For investors seeking regular income from an ETF listed on the NASDAQ, TSPY’s payout cadence and headline yield make it worth reviewing, though yield alone should not drive investment decisions.
Understanding the dates: the record date of February 3rd determines which shareholders are eligible for the dividend. Investors must own shares before the ex-dividend date—typically one business day before the record date—to receive the payment on February 4th. Always check your broker’s settlement rules to confirm timing.
Why this matters: monthly dividends like TSPY’s $0.3001 per share provide a predictable cash flow that appeals to retirees and yield-seeking investors. However, high yields can reflect elevated fund risk, underlying strategy, or market price fluctuations. It’s important to evaluate the ETF’s holdings, expense ratio, and distribution sustainability in addition to the headline yield.
What investors should do next: review TappAlpha’s fund prospectus and recent performance to understand how the ETF generates income and how distributions have trended. Consider diversification and tax implications—dividend payments may be taxable depending on your account type and local tax rules. Compare TSPY’s yield and strategy to similar income ETFs on the NASDAQ to determine fit within your portfolio.
Bottom line: TappAlpha SPY Growth & Daily Income ETF’s February dividend announcement — $0.3001 per share with a 14.3% annualized yield — offers an attractive income signal for some investors. Balance yield with risk, confirm record and ex-dividend timing, and consult your financial advisor to see if TSPY aligns with your investment goals.
Published on: February 4, 2026, 4:05 pm
