YieldMax ETF

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

YieldMax PYPL Option Income Strategy ETF

Price
$25.74
Trailing 12-month yield
63.4%
Recent payout yield
51.4%
Next ex-date
Sep 24, 2026
Announced

52-week range $24.37–$58.35 · -51.8% over 12 months · Data as of Sep 24, 2026

Next PYPY Dividend

AnnouncedWeekly payer
Ex-dividend date
Sep 24, 2026
Pay date
Sep 25, 2026
Declared amount per share
$0.1520
Officially declared by the fund on Sep 23, 2026. You must own shares before the ex-date to receive it.
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PYPY Dividend History

73 distributions since Nov 8, 2023 · trailing 12-month total $16.31/share (63.4% of current price)

Distributions are down 90% vs a year ago ($0.1548 vs $1.57 avg per payment)

Ex-dividend datePay dateAmount per share
Sep 17, 2026Sep 18, 2026$0.1565
Sep 10, 2026Sep 11, 2026$0.1564
Sep 3, 2026Sep 4, 2026$0.1514
Aug 27, 2026Aug 28, 2026$0.2376
Aug 20, 2026Aug 21, 2026$0.2951
Aug 13, 2026Aug 14, 2026$0.5292
Aug 6, 2026Aug 7, 2026$0.5954
Jul 30, 2026Jul 31, 2026$0.5321
Jul 23, 2026Jul 24, 2026$0.5880
Jul 16, 2026Jul 17, 2026$0.2404
Jul 9, 2026Jul 10, 2026$0.2055
Jul 2, 2026Jul 3, 2026$0.1723

Total distributions by year

2026 (38 payments)
$10.57/share
2025 (21 payments)
$26.41/share
2024 (12 payments)
$43.59/share
2023 (2 payments)
$5.71/share

If You Invested $10,000 in PYPY

Sep 26, 2023 to Sep 23, 2026, using actual prices and distributions

End value with DRIP
$9,642
-3.6%
End value, dividends as cash
$11,191
+11.9% · $8,619 cash collected
Share price alone
-74.3%
excluding all dividends
Annualized (DRIP)
-1.2%
over 3.0 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.

PYPY vs PYPL

$10,000 invested Sep 26, 2023 to Sep 23, 2026, all dividends reinvested

PYPY (this fund)
$9,642
-3.6% total
PYPL
$9,010
-9.9% 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.

PYPY House Money Calculator

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

$

Buys ~388.5 shares at $25.74 · recent average distribution $0.3217/share weekly

Estimated time to breakeven
1.5 yrs
~81 weekly payments
Income per payment
$124.96
weekly
Annual income (recent payout rate)
$6,498
65.0% 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.

PYPY 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
$9,469
Shares needed
368
at $25.74
Effective yield used
63.4%
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 PYPY

Seeks current income via a synthetic covered-call / options strategy on PayPal (PYPL), accepting capped upside versus holding PYPL shares outright.

Income: Single-stock option income on PYPL

Underlying
PYPL (PayPal)
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.

Because YieldMax distributions are large relative to share price, many investors hold these funds in tax-advantaged accounts (IRA, Roth IRA) to simplify tax treatment. Consult a tax professional for your situation.

PYPY Dividend FAQ

How often does PYPY pay dividends?
PYPY currently distributes every week, based on its recent payment history. Its most recent ex-dividend date was Sep 17, 2026 at $0.1565 per share.
When is PYPY's next ex-dividend date?
PYPY's next distribution has been officially announced: $0.1520 per share with an ex-dividend date of Sep 24, 2026 and payment on Sep 25, 2026. You must own shares before the ex-date to receive it.
What is PYPY's dividend yield?
Over the trailing 12 months, PYPY paid $16.31 per share, a trailing 12-month yield of 63.4% at the current share price. The recent payout yield, from the latest payments annualized, is 51.4%. High-yield fund distributions vary, so these two yields can differ.
What is PYPY's total return with dividends reinvested?
A $10,000 investment in PYPY on Sep 26, 2023 would be worth about $9,642 on Sep 23, 2026 with all distributions reinvested (-3.6%). Share price alone moved -74.3% 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.