MSTY Dividend History: Payment Dates, Amounts & Yield

MSTY is known for its high cash distributions, but its payouts have changed considerably over time. The latest confirmed distribution was $0.1671 per share, paid on October 23, 2026. Here's a look at MSTY's dividend history, the next expected payment, its trailing distribution yield, and what investors should know before relying on the income.

Data updated: October 27, 2026.

MSTY Dividend History and Payment Dates

Latest MSTY Distribution: Amount, Ex-Dividend Date, and Payment Date

According to YieldMax's official MSTY fund page, the latest confirmed distribution was $0.1671 per share.

Investors generally need to own shares before the ex-dividend date to qualify for a distribution. Buying MSTY on or after October 22 would not qualify for this particular payment.

MSTY Distribution History Table

The table below shows MSTY's 12 most recent distributions, including the ex-dividend date, payment date, and amount per share.

How MSTY’s Distribution Amounts Have Changed Over Time

There is another detail worth knowing: MSTY completed a 1-for-5 reverse stock split effective December 8, 2025. Five pre-split shares became one post-split share, meaning historical per-share distributions from before the split must be adjusted when comparing them with current payments. The official reverse-split announcement explains the adjustment.

On the original pre-split basis, MSTY's May 2025 distribution was $2.3734 per share. On a post-split basis, that is equivalent to $11.867 per share. Today's much smaller weekly payments reflect both the change in distribution frequency and the fund's changing payouts.

More recently, the October 23 payment of $0.1671 was about 32.5% lower than the previous week's $0.2474. That kind of movement is why MSTY's historical payments should not be treated as a fixed income schedule.

MSTY Dividend Schedule: When Is the Next Payment?

Upcoming MSTY Ex-Dividend and Payment Dates

As of October 27, 2026, YieldMax had not announced the amount of MSTY's next distribution. The following dates are estimates based on the recent weekly schedule and third-party dividend data.

These dates should not be treated as official confirmation. Investors can check the MSTY dividend calendar and distribution history for projections, then verify the final dates and amount against YieldMax's latest announcement.

How Often Does MSTY Pay Dividends?

MSTY currently makes weekly distributions, usually with an ex-dividend date on Thursday and a payment date on Friday. Holidays and changes to the fund's schedule can affect the timing.

Weekly payments do not mean weekly amounts are predictable. MSTY's distributions have varied significantly, and YieldMax does not guarantee a payment in any given week.

How MSTY’s Distribution Amounts Are Determined

MSTY is an actively managed ETF that seeks to generate income by selling call spreads linked to Strategy Inc. (MSTR).

Options premiums are an important part of the strategy, but the amount available for distribution depends on market conditions, MSTR's price movements, options volatility, and the fund's positions. Distributions may also include capital gains or return of capital.

The strategy is not the same as owning MSTR shares directly. MSTY may participate in some of the underlying stock's gains, but its options structure can limit upside while leaving investors exposed to substantial losses.

MSTY Dividend Yield and Annual Payout

MSTY’s Trailing 12-Month Distributions and Yield

After adjusting pre-split payments to today's share basis and removing duplicate entries in the published history, MSTY's latest 52 distributions totaled $19.4248 per share, covering ex-dividend dates from October 30, 2025, through October 22, 2026.

Using the fund's October 23, 2026 closing price of $14.49, the historical distribution yield was approximately 134.1%.

Calculation: $19.4248 ÷ $14.49 × 100 = 134.1%.

This is a historical distribution-to-price ratio, not a total return figure or a forecast of future income. It also depends on the price date used. A different share price will produce a different yield percentage.

For comparison, annualizing the latest $0.1671 distribution over 52 weeks gives $8.6892 per share. Dividing that amount by $14.49 produces an illustrative annualized yield of about 60.0%. This assumes the latest payment repeats for an entire year, which may not happen.

Why MSTY’s Yield Is So High

MSTY's high historical distribution yield reflects its options-income strategy, its volatile underlying exposure, and the relationship between past payouts and its share price.

YieldMax reported a 60.41% distribution rate as of October 21, 2026, and a 0.96% 30-day SEC yield as of September 30, 2026. These figures measure different things.

The official distribution rate annualizes the latest declared distribution and divides it by the fund's net asset value (NAV). The SEC yield measures net investment income and excludes option income. Neither figure guarantees future payments.

A high headline yield can look attractive, but it should never be read as a promise of future income or investment profit.

MSTY Dividend Calculator: How Much Can You Earn?

Estimated Weekly and Annual Income by Share Count

The following estimates use MSTY's latest confirmed distribution of $0.1671 per share.

Annualized income assumes the latest distribution repeats for 52 weeks. Actual payments may be higher or lower, and the estimates exclude taxes and transaction costs.

How to Calculate Your MSTY Dividend Income

The calculation is straightforward:

• Weekly income: Shares held × distribution per share.
• Annualized income: Shares held × distribution per share × 52.

For example, 100 shares would generate $16.71 from a $0.1671 distribution. If that payment stayed unchanged for 52 weeks, annual distributions would total $868.92.

To see how sensitive the estimate is to changing payouts, compare scenarios using the latest distribution and an average of several recent payments. Neither method predicts future distributions.

What Investors Should Know About MSTY Distributions

Distribution Rate vs. Total Return

Cash distributions are only one part of an ETF's performance. If MSTY's share price falls, the cash received may not make up for the decline in the value of the investment.

YieldMax reported a one-year NAV total return of -47.13% as of September 30, 2026. That period differs from the 52-distribution calculation above, but it illustrates why a high payout rate should not be mistaken for a high total return.

Investors should look at both the cash received and changes in the value of their holdings when evaluating MSTY.

Options Income, NAV Changes, and Return of Capital

MSTY distributions can include ordinary income, capital gains, and return of capital (ROC). ROC is not automatically a sign of poor fund management, but it is important to understand what the payment represents.

YieldMax's preliminary estimates listed ROC at 78.12% for the distribution with an October 8, 2026 ex-dividend date and 98.87% for the distribution with an October 1 ex-dividend date. The October 15 and October 22 distributions were listed with estimated ROC of 0%.

These classifications are estimates and may change. Returning capital to shareholders is different from generating investment income, and ROC can contribute to NAV erosion over time. Investors should review the fund's distribution notices and final tax documents rather than assume every dollar received represents profit.

Is MSTY a Good Dividend ETF?

MSTY may appeal to investors who want frequent cash distributions and understand the risks of an options strategy tied to a volatile stock.

It may be less suitable for investors who need predictable income, want stable principal value, or assume a high yield means a safe investment. Payments can shrink, and the fund can lose value even while continuing to distribute cash.

Whether MSTY fits a portfolio depends on an investor's goals, risk tolerance, and willingness to accept substantial fluctuations in both income and share price.

FAQs About MSTY Dividend History

When Was MSTY’s Last Dividend Paid?

MSTY's latest confirmed distribution of $0.1671 per share was paid on October 23, 2026.

When Is MSTY’s Next Dividend Payment?

October 30, 2026, is the estimated payment date, with an expected October 29 ex-dividend date. YieldMax had not officially confirmed the next distribution amount as of October 27.

Does MSTY Pay a Fixed Dividend?

No. MSTY's distributions vary with its options strategy and market conditions.

Are MSTY’s Distributions Guaranteed?

No. YieldMax does not guarantee distributions, and investors can lose money even when the fund makes payments.