The Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) is revolutionary income that investors have been waiting for. It generates weekly income using a proprietary zero-days-to-expiration (0DTE) options strategy on the Nasdaq-1000 Index. Released in March 2024, it achieved an outstanding return of 41.35% by the end of July 2025. The QDTE dividend history demonstrates this strong income potential, with payments made weekly since inception.
QDTE’s unique weekly payout schedule and active management provide a compelling choice for those who prioritise income over capital growth. While appealing, the fund’s dividends come with a return of capital that begs questions about the long-term sustainability of the yield. This post examines QDTE’s dividend history, including yield trend, dividend payout stability, and performance history, as well as future dividend payout possibilities.
Table of Contents
QDTE Overview and Strategy
On March 7, 2024, Roundhill Investments unveiled the Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE), the first ETF to use 0DTE options on the Nasdaq-100 Index. With a little extension to the Nasdaq-100, it maintains a turnover-driven covered call strategy that involves selling OTM 0DTE call options every day to generate premium income. This allows QDTE to distribute money every week, rather than monthly or quarterly, unlike other ETFs.
With a gross expense ratio of 0.97%, QDTE takes advantage of the overnight return by snatching the uncapped return from close to the next open. Roundhill QDTE ETF’s dividend history demonstrates that a significant amount of distributions could be classified as return of capital, thus eroding the NAV over time. Investors are drawn to the high yield, but since it relies heavily on high 0DTE premiums, there is little price appreciation and erodes NAV in bear markets.
QDTE Dividend History and Track Record
Starting in March 2024, the QDTE dividend history clearly shows a consistent pattern of weekly dividends that align with the income-based objective of the ETF. Dividends have fluctuated between $0.23 and $0.87 per share, depending on underlying market volatility and premium income generated. Additionally, some of these distributions may be classified as a return of capital, which could reduce the long-term NAV growth.
This table presents a summary of the most recent QDTE dividend history since its inception.
| Ex-Dividend Date | Dividend Amount | Record Date | Pay Date |
|---|---|---|---|
| 24 Jul,2025 | $0.23668 | 24 Jul, 2025 | 25 Jul, 2025 |
| 17 Jul, 2025 | $0.23874 | 17 Jul, 2025 | 18 Jul, 2025 |
| 10 Jul, 2025 | $0.23714 | 10 Jul, 2025 | 11 Jul, 2025 |
| 2 Jul, 2025 | $0.22896 | 2 Jul, 2025 | 3 Jul, 2025 |
| Jun 26, 2025 | $0.24664 | 26 Jun, 2025 | 27 Jun, 2025 |
| Jun 19, 2025 | $0.24210 | 19 Jun, 2025 | 20 Jun, 2025 |
| Jun 12, 2025 | $0.23980 | 12 Jun, 2025 | 13 Jun, 2025 |
| Jun 5, 2025 | $0.24120 | 5 Jun, 2025 | 6 Jun, 2025 |
With annualization to around $12.38 ($0.238 multiplied by 52), the average QDTE weekly dividend history is about $0.238. However, sources reported an estimated $14.71 in dividends per year, which suggested either additional payouts or larger payments in the fund’s early years. With the most current dividend annualised and divided by the stock price, the QDTE dividend yield history indicates a current yield of 41.35%.
The QDTE dividend history graph shows consistent weekly payouts with minimal variations. The average dividend for June 2025 was approximately $0.24, while July 2025 saw a modest decline to $0.23, most likely due to changes in option premiums resulting from market volatility or the performance of the Innovation100 Index. The Roundhill QDTE dividend history exhibits volatility in amounts but consistency in frequency, a characteristic of its options-based method. Posts on X emphasise recent QDTE dividend declarations, such $0.236679 for July 24, 2025, showing regular consistency.
Trends in QDTE’s Dividend Performance
QDTE stock dividend history trends have been influenced by its unique covered call strategy, which aims to capitalise on short-term market mispricings and volatility. Key trends found in QDTE dividend history are:
1. High Yield with Volatility Sensitivity
QDTE’s high dividend yield, exceeding 40%, stems from its trading of 0DTE call options that are sensitive to Nasdaq-100 volatility. The fund is capable of generating income in volatile markets, where option premiums are higher. However, this also makes weekly payouts variable, as seen in November 2024, when dividends ranged from $0.20 to $0.26 per share.
2. Weekly Distribution Consistency
Most ETFs differ from the QDTE’s commitment to weekly payouts and its history of paying dividends every week. It’s a schedule that matches the regular cash flow needs of investors, such as paying living expenses or reinvestment through Dividend Reinvestment Plans (DRIPs). The fund’s daily adjustments of its option strike expirations by its active management serve to enhance income generation
3. NAV Erosion Concerns
One noteworthy trend may be the decrease in NAV resulting from a relatively high yield. The fund’s NAV may decrease over time, as some of QDTE’s distributions can be a return of capital, thereby reducing the amount of an investor’s original investment. Long-term investors must carefully consider the trade-off between potential capital loss and high income.
4. Market Performance Correlation
Nasdaq100 performance correlates with QDTE dividend history payouts. With a total return of 21.14%, factoring in dividends, the fund outperformed the Nasdaq 100 in its first year, while the index had a lower return. However, following an analysis of the fund’s performance during August and December 2024 market selloffs, the use of option income will not entirely compensate for the index’s poor performance in volatile markets.
QDTE Dividend Declaration and Payout Process
The dividend declaration of QDTE is released weekly, with the ex-dividend date typically on Wednesday and the payment date on Thursday. Recent examples include:
- July 24, 2025: Ex-dividend date with payment of $0.23668 per share 1 day later.
- July 1, 2025: Announced dividend of $0.22896 per share.
- June 25, 2025: Declared a dividend of $0.24664 per share.
Although dependent on validation, the next ex-dividend date is predicted to be around July 31, 2025, approximately one week after July 24, with payment likely on August 1. The payout process is straightforward: dividends are deposited immediately into shareholders’ brokerage accounts. Tools like the dividend calculator found on stockinvest.us enable investors to predict returns based on investment size or share count.
QDTE Dividend Calculator Example
Investors may calculate gains with a dividend calculator. For example, on a $25,000 investment in QDTE at a share price of approximately $35.49 (as of July 2025), where the weekly dividend is $0.236679 (July 2025), you could expect to earn about:
- Shares to own: $25,000 ÷ $35.49 = 704 Shares
- Dividend per week: 704 × $0.236679 = $166.62
- Annualized dividend: $166.62 x 52 = $8,664.24
- Return: $8,664.24 / $25,000 = 34.66%
Note that actual returns will depend on the price and dividend behaviour of shares, but this estimate is consistent with reported yields.
Forecast for QDTE Dividends
Estimating QDTE’s future dividend payments requires evaluating its past performance and the factors that influence its dividend policy. Given steady market conditions, QDTE’s dividends are likely to remain in the $0.23–$0.24 per share range in the short term, according to recent figures. Though its 41.35% high yield is appealing, the sustainability of the ETF depends on several factors:
- Nasdaq-100 Performance: Since QDTE dividend history is linked to options premiums on the Nasdaq 100 Index, strong or erratic performance in the index may cause premiums to increase, leading to higher dividends. Conversely, a flat or decreasing market could mean lowered premiums.
- Market Volatility: Higher volatility usually raises choice premiums, thereby boosting QDTE’s dividend yields. Low volatility, by contrast, can produce lower payouts.
- Interest Rates: Rising interest rates may increase the cost of holding option positions, thereby reducing QDTE’s income. On the other hand, steady or declining rates might help to justify greater dividend payouts.
- Investor Behaviour: The rise in weekly income ETFs, as shown in X postings, indicates continued demand for QDTE. Although investors must carefully balance the risks of NAV erosion, reinvestment techniques such as DRIP can also help boost returns.
QDTE’s use of 0DTE options makes its dividends particularly sensitive to daily market movements, introducing a degree of unpredictability. While the ETF has maintained consistent payments since its launch, investors should be prepared for potential fluctuations in bearish or low-volatility markets. However, long-term forecasts are challenging due to the short QDTE dividend history. But its current performance suggests it will continue to deliver high yields in favourable conditions.
Conclusion
The QDTE ETF dividend history underscores its appeal as a high-yield, income-focused investment, delivering weekly dividends since March 2024. With a current yield of 41.35% and payments averaging $0.23 to $0.24 per share, QDTE caters to investors seeking regular cash flow. Its innovative use of 0DTE options on the Nasdaq-100 Index provides both income and exposure to the technology sector, making it a unique addition to income portfolios.
However, the dividend history QDTE also highlights risks, including dividend variability and potential net asset value (NAV) due to its options strategy. Investors must balance the high yield against market risks and tax implications, ensuring QDTE aligns with their financial goals. By staying informed about QDTE weekly dividend announcements and market trends, investors can better navigate this ETF’s opportunities and challenges.
FAQs
The next ex-dividend date is likely July 31, 2025, with payment scheduled for August 1, 2025, pending an official announcement. This aligns with the fund’s consistent weekly payout pattern seen in the QDTE dividend history. Investors should monitor official updates to confirm the distribution schedule.
QDTE’s strategy involves risks, such as NAV erosion due to the return of capital, which can reduce long-term value. Additionally, its reliance on volatile 0DTE options may result in inconsistent payouts during bearish markets.
Use a QDTE dividend calculator by multiplying the weekly dividend (e.g., $0.238) by the number of shares and weeks (e.g., 1,000 shares × $0.238 × 52 = $12,376 annually).
QDTE’s return of capital distributions is not taxed as ordinary income but reduces an investor’s cost basis, potentially increasing capital gains tax upon sale. Consequently, investors should consult a tax advisor to assess the impacts on their portfolio.
QDTE’s high yield and weekly payouts appeal to income seekers, but its NAV erosion risk makes it less ideal for long-term growth. Therefore, it’s better suited for short-term income strategies or diversified portfolios.
