How often does MST pay dividends?

MST currently distributes every week, based on its recent payment history. Its most recent ex-dividend date was Oct 28, 2026 at $0.0717 per share.

When is MST's next ex-dividend date?

MST's next ex-dividend date is Nov 4, 2026, with payment on Nov 5, 2026. This date comes from the fund's published schedule. The fund has not announced the amount yet.

What is MST's dividend yield?

Over the trailing 12 months, MST paid $25.71 per share, a trailing 12-month yield of 256.9% at the current share price. The recent payout yield, from the latest payments annualized, is 49.0%. Option-income distributions change with the premiums the fund collects, 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 $476 on Nov 2, 2026 with all distributions reinvested (-95.2%). Share price alone moved -98.3% over the same period.

Defiance ETF

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

Defiance leveraged long income ETF on Strategy (MSTR)

Price: $10.01
Trailing 12-month yield: 256.9%
Recent payout yield: 49.0%
Next ex-date: Nov 4, 2026; Scheduled

52-week range $6.59–$152.32 · -93.4% over 12 months · Data as of Nov 3, 2026

Next MST Dividend

ScheduledWeekly payer

Ex-dividend date

Nov 4, 2026

Pay date

Nov 5, 2026

Amount per share

Not declared

Dates from the fund's published schedule. The fund has not announced the amount yet. You must own shares before the ex-date to receive it.

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MST Dividend History

75 distributions since May 21, 2025 · trailing 12-month total $25.71/share (256.9% of current price)

Distributions are down 98% vs a year ago ($0.0809 vs $3.74 avg per payment)

Ex-dividend date	Pay date	Amount per share
Oct 28, 2026	Oct 29, 2026	$0.0717
Oct 21, 2026	Oct 22, 2026	$0.0763
Oct 14, 2026	Oct 15, 2026	$0.0947
Oct 7, 2026	Oct 8, 2026	$0.1091
Sep 30, 2026	Oct 1, 2026	$0.1126
Sep 23, 2026	Sep 24, 2026	$0.1018
Sep 16, 2026	Sep 17, 2026	$0.1044
Sep 9, 2026	Sep 10, 2026	$0.1069
Sep 2, 2026	Sep 3, 2026	$0.1056
Aug 26, 2026	Aug 27, 2026	$0.0798
Aug 19, 2026	Aug 20, 2026	$0.0722
Aug 12, 2026	Aug 13, 2026	$0.0703

Total distributions by year

2026 (42 payments)

$10.18/share

2025 (33 payments)

$156.11/share

Amounts are adjusted for any share splits or reverse splits, so payments before a split can differ from the amounts the fund announced at the time.

If You Invested $10,000 in MST

May 2, 2025 to Nov 2, 2026, using actual prices and distributions

Show cash-dividend line

End value with DRIP

$476

-95.2%

End value, dividends as cash

$2,952

-70.5% · $2,784 cash collected

Share price alone

-98.3%

excluding all dividends

Annualized (DRIP)

-86.8%

over 1.5 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 Nov 2, 2026, all dividends reinvested

MSTR

MST (this fund)

$476

-95.2% total

MSTR

$3,309

-66.9% total

A broad index fund is the usual yardstick for an income fund, since large distributions can still trail the index's total return. 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

Investment amount

Buys ~999.4 shares at $10.01 · recent average distribution $0.0921/share weekly

Estimated time to breakeven

2.1 yrs

~109 weekly payments

Income per payment

$92.06

weekly

Annual income (recent payout rate)

$4,787

47.9% recent payout rate on the invested amount

A rough planning estimate. It assumes future distributions match the recent average and leaves out share price changes and taxes. High-yield fund distributions can change a lot from one payment to the next.

MST Income Goal Calculator

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

Target monthly income

Investment needed

$2,335

Shares needed

234

at $10.01

Effective yield used

256.9%

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 Oct 28, 2026 at $0.0717 per share.
When is MST's next ex-dividend date?: MST's next ex-dividend date is Nov 4, 2026, with payment on Nov 5, 2026. This date comes from the fund's published schedule. The fund has not announced the amount yet.
What is MST's dividend yield?: Over the trailing 12 months, MST paid $25.71 per share, a trailing 12-month yield of 256.9% at the current share price. The recent payout yield, from the latest payments annualized, is 49.0%. Option-income distributions change with the premiums the fund collects, 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 $476 on Nov 2, 2026 with all distributions reinvested (-95.2%). Share price alone moved -98.3% over the same period.

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Data as of Nov 3, 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.