About WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) — Dividend Analysis 2026
Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index tracks the value of a cash-secured put option sales strategy, which consists of selling (or "writing") S&P 500 Index put options ("SPX Puts") and investing the sale proceeds in one- and three-month Treasury bills. The fund is non-diversified.
Is PUTW a good dividend investment in 2026?
PUTW offers a 12.02% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
PUTW DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your PUTW portfolio grows to $31.1K vs $22.0K without reinvestment. This is the compound interest effect in action.
PUTW dividend growth history & forecast
PUTW has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 12.02%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 PUTW Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold PUTW.
Gross yield
12.02%
Tax rate
15.00%
After-tax yield
10.22%
Real yield (−CPI)
7.42%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
12.02%
9.22%
$1,202 / yr
🇺🇸 US Taxable (15%) ✓
15%
10.22%
7.42%
$1,022 / yr
🇺🇸 US Taxable (20%)
20%
9.62%
6.82%
$962 / yr
🇬🇧 UK ISA
0%
12.02%
9.22%
$1,202 / yr
🇬🇧 UK Taxable
8.75%
10.97%
8.17%
$1,097 / yr
🇨🇦 TFSA
0%
12.02%
9.22%
$1,202 / yr
🇨🇦 CA Taxable
25%
9.02%
6.22%
$902 / yr
🇦🇺 Super (pension)
15%
10.22%
7.42%
$1,022 / yr
🇦🇺 AU Taxable
30%
8.41%
5.61%
$841 / yr
🇩🇪 DE Taxable
26.375%
8.85%
6.05%
$885 / yr
🇫🇷 FR Taxable
30%
8.41%
5.61%
$841 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 PUTW Income Goal & Break-Even
Dividend Break-Even
10yr
Years for dividends to fully repay your PUTW investment of $30.15/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$16.4K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$14.0K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in PUTW for:
Shares needed
7,795
Capital required
$235,015
Monthly income
$2,000
Based on current dividend of $3.62/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 PUTW Dividend Payment Schedule
PUTW pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$7.70 / payment
$30.79 / year after tax
100 shares
$76.98 / payment
$307.93 / year after tax
1,000 shares
$769.82 / payment
$3079.27 / year after tax
📊 PUTW vs Financial Services Benchmarks
How PUTW compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+9.12% vs sectorBetter
PUTW
12.02%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
PUTW
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
PUTW
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for PUTW sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ PUTW Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the PUTW dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →