Defiance ETF

MST Dividend: Next Ex-Date, History & Total Return

Defiance leveraged long income ETF on Strategy (MSTR)

Price
$16.44
Trailing 12-month yield
264.9%
Recent payout yield
30.1%
Next ex-date
Sep 30, 2026
Estimated

52-week range $6.59–$290.64 · -93.9% over 12 months · Data as of Sep 24, 2026

Next MST Dividend

EstimatedWeekly payer
Estimated next ex-dividend date
Sep 30, 2026
Estimated pay date
Oct 30, 2026
Estimated amount per share
$0.1050
Estimated from MST's recent distribution schedule (last actual ex-date: Sep 23, 2026 at $0.1018/share). Amounts vary each period — confirm with the fund's official announcement.
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MST Dividend History

70 distributions since May 21, 2025 · trailing 12-month total $43.55/share (264.9% of current price)

Distributions are down 98% vs a year ago ($0.1044 vs $4.21 avg per payment)

Ex-dividend datePay dateAmount per share
Sep 23, 2026Oct 23, 2026$0.1018
Sep 16, 2026Oct 16, 2026$0.1044
Sep 9, 2026Oct 9, 2026$0.1069
Sep 2, 2026Oct 2, 2026$0.1056
Aug 26, 2026Sep 26, 2026$0.0798
Aug 19, 2026Sep 19, 2026$0.0722
Aug 12, 2026Sep 12, 2026$0.0703
Aug 5, 2026Sep 5, 2026$0.0754
Jul 29, 2026Aug 29, 2026$0.0940
Jul 22, 2026Aug 22, 2026$0.0938
Jul 15, 2026Aug 15, 2026$0.0882
Jul 8, 2026Aug 8, 2026$0.0745

Total distributions by year

2026 (37 payments)
$9.71/share
2025 (33 payments)
$156.11/share

If You Invested $10,000 in MST

May 2, 2025 to Sep 23, 2026, using actual prices and distributions

End value with DRIP
$757
-92.4%
End value, dividends as cash
$3,052
-69.5% · $2,777 cash collected
Share price alone
-97.2%
excluding all dividends
Annualized (DRIP)
-84.3%
over 1.4 years
Historical performance. Reinvestment modeled at the closing price on the first trading day on or after each ex-dividend date. Past results do not predict future returns.

MST vs MSTR

$10,000 invested May 2, 2025 to Sep 23, 2026, all dividends reinvested

MST (this fund)
$757
-92.4% total
MSTR
$4,113
-58.9% total
An honest yardstick for income funds: high distributions can still trail simply holding a broad index. All series use actual prices and distributions with reinvestment on the ex-date.

MST House Money Calculator

How long until distributions alone repay your initial investment, at the recent payout rate

$

Buys ~608.3 shares at $16.44 · recent average distribution $0.0889/share weekly

Estimated time to breakeven
3.6 yrs
~185 weekly payments
Income per payment
$54.08
weekly
Annual income (recent payout rate)
$2,812
28.1% recent payout rate on the invested amount
Planning heuristic: assumes future distributions match the recent average and ignores share price changes and taxes. High-yield fund distributions vary significantly.

MST Income Goal Calculator

How much you would need invested today to reach a monthly income target, at the trailing 12-month payout rate

$
Investment needed
$2,265
Shares needed
138
at $16.44
Effective yield used
264.9%
trailing 12 months
Based on the trailing 12-month distributions per share. Future distributions can be higher or lower; this is not a guarantee of income.

About MST

Seeks leveraged long exposure to Strategy (MSTR) together with an income overlay.

Income: Leveraged long exposure with an income overlay

Underlying
Strategy (MSTR)
Payout
weekly

Tax Considerations

Distributions from options-income ETFs are often classified partly as return of capital (ROC), which reduces your cost basis rather than being taxed as ordinary income in the year received. The exact split is published in the fund’s 19a-1 notices and finalized on your 1099-DIV.

MST Dividend FAQ

How often does MST pay dividends?
MST currently distributes every week, based on its recent payment history. Its most recent ex-dividend date was Sep 23, 2026 at $0.1018 per share.
When is MST's next ex-dividend date?
Based on its recent schedule, MST's next ex-dividend date is estimated around Sep 30, 2026, with payment around Oct 30, 2026. This is an estimate — the fund's official announcement is authoritative.
What is MST's dividend yield?
Over the trailing 12 months, MST paid $43.55 per share, a trailing 12-month yield of 264.9% at the current share price. The recent payout yield, from the latest payments annualized, is 30.1%. High-yield fund distributions vary, so these two yields can differ.
What is MST's total return with dividends reinvested?
A $10,000 investment in MST on May 2, 2025 would be worth about $757 on Sep 23, 2026 with all distributions reinvested (-92.4%). Share price alone moved -97.2% over the same period.

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Data as of Sep 24, 2026 (quotes delayed 15+ minutes). Data is refreshed daily from market sources. Nothing on this page is investment advice. Estimates (next dividend date, amounts, breakeven timelines) are derived from historical distributions and can differ from actual fund announcements. See how these numbers are calculated.