by Ian Cooper

With markets still volatile, keep your portfolio protected with dividend stocks.

Look at the Amplify CWP Enhanced Dividend Income ETF (DIVO), for example.

With a yield of 4.73% and an expense ratio of 0.56%, the Amplify CWP Enhanced Dividend Income ETF (DIVO) holds large-cap companies that have a strong history of dividend growth. It also uses a covered call strategy on individual stocks to offer high total returns.

“DIVO seeks investment results that correspond generally to an existing strategy called the Enhanced Dividend Income Portfolio (EDIP),” as noted by AmplifyETFs.com. That strategy attempts to generate income through dividends and short-term covered calls in an effort to increase cash flow and consistent annual income. In addition, with that strategy, the EDIP holds blue-chip stocks from the S&P 500, the Dow 30 and the S&P 100.

Advertisement - I Double Dog Dare You To Use My Weekly System And NOT Dramatically Increase Your Winning Trades - Click here for a special offer

There’s also the JPMorgan Nasdaq Equity Premium Equity Income ETF (SYM: JEPQ).

With a yield of 11.2%, the JPMorgan Nasdaq Equity Premium Equity Income ETF generates income by selling options and by investing in U.S. large-cap growth stocks. All of which allows it to deliver a monthly income stream through options premiums and stock dividends. Even better, investors have also benefited from the ETF’s appreciation.

JEPQ has an expense ratio of 0.35% at the moment.

JPMorgan Equity Premium Income ETF (SYM: JEPI).

The JPMorgan Equity Premium Income ETF generates income by combining some of the top blue-chip stocks – Amazon, Mastercard, Nvidia – with options strategies.

All of which help produce hefty monthly income for investors. In fact, last checked, the JEPI ETF yields about 8.62%, which isn’t too shabby at all. With an expense ratio of 0.35%, the ETF holds 122 stocks, including Visa, Mastercard, Trane Technologies, Microsoft, Oracle, The Southern Company, and Nvidia, to name just a few.

Its last dividend of $0.39953 was paid on July 3. Before that, the JEPI ETP paid a dividend of $0.54001 on June 4.

We can also look at the iShares Core High Dividend ETF (SYM: HDV).

With a yield of 3.32% and an expense ratio of 0.08%, the iShares Core High Dividend ETF tracks the investment results of an index composed of relatively high dividend paying U.S. equities. Some of its top holdings include Exxon Mobil, Chevron, and Johnson & Johnson.