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How many shares do I need for a monthly distribution of €350?
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@Iwanowitsch gross or net?
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@Iwanowitsch Are you from Austria? So 27% tax without partial exemption. That means you need around €445 gross per month. Times 12 months = 5340€. With roughly 10% payout, you need at least 50k
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@ScorpionfromBW thank you, where did you find the distribution dates?
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@Iwanowitsch sorry, I was referring to Global X. Otherwise $JEPQ is the American equivalent. Approx. 9% payout. So then rather 60k
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@Iwanowitsch The ETF is very fresh. You could just look at the JEPI or JEPQ to get an idea. But the EU branch doesn't have a history yet. The USA is not the EU either. We'll have to see what it will yield.
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@Luffy3D2Y rather JEPQ. JEPI is for s&p 500
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@ScorpionfromBW Yup. I only mentioned both because they've both been reissued.