What is Direxion Shares ETF Trust - Direxion GOOGL Defined Income Boost ETF's dividend yield?▾
Direxion Shares ETF Trust - Direxion GOOGL Defined Income Boost ETF (GOIB) pays a current trailing twelve-month dividend yield of 1.69%, which works out to $0.41 per share annually based on the most recent payout schedule.
When does Direxion Shares ETF Trust - Direxion GOOGL Defined Income Boost ETF pay distributions?▾
The most recent ex-dividend date was August 28, 2026. The next scheduled dividend payment date is August 31, 2026.
What does Direxion Shares ETF Trust - Direxion GOOGL Defined Income Boost ETF invest in?▾
GOIB aims to generate high income from the stock volatility of Alphabet Inc. (NASDAQ: GOOGL). The ETF uses swaps to track an index that systematically writes weekly, out-of-the-money call options on GOOGL, targeting a specific annualized distribution rate, distributed twice per month. GOIB adds a daily delta hedging strategy, which adjusts GOOGL exposure each trading day to offset the negative delta of the short call position. This approach is designed to allow participation in GOOGL's upside price movements. The option strike price selection process is formulaic and recalibrated weekly based...