Infrastructure Capital Increases Dividends Across Four Income-Focused ETFs
Infrastructure Capital Advisors has announced increased distributions for four of its income-focused exchange-traded funds (ETFs): QVOL, BNDS, SCAP, and ICAP. The most significant increase is in the Nasdaq Option Income ETF (QVOL), where the monthly distribution per share rose from $1.04 to $1.09. Smaller increases were also declared for SCAP, ICAP, and BNDS. QVOL aims to maintain an annualized distribution rate between 12% and 15%, though this is not guaranteed due to market conditions. The distributions are set to be paid on September 30, with record dates set for the same day across all four ETFs. The firm emphasized that these dividends may include a return of capital component, which does not constitute traditional income but rather a repayment of invested funds. QVOL's strategy involves generating income through options premiums and equity dividends while maintaining exposure to Nasdaq-listed equities. Jay Hatfield, CEO and CIO of Infrastructure Capital Advisors, highlighted the growing demand for consistent income without sacrificing growth potential in sectors like information technology.
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