YieldMax ETF

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

YieldMax PYPL Option Income Strategy ETF

$29.89
55.8% trailing yield
52-wk range $24.37 – $64.40
Price -53.1% over 12 months
Data as of Jul 26, 2026

Next PYPY Dividend

EstimatedWeekly payer
Estimated next ex-dividend date
Jul 30, 2026
Estimated pay date
Jul 31, 2026
Estimated amount per share
$0.2229
Estimated from PYPY's recent distribution schedule (last actual ex-date: Jul 23, 2026 at $0.5880/share). Amounts vary each period — confirm with the fund's official announcement.
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PYPY Dividend History

65 distributions since Nov 8, 2023 · trailing 12-month total $16.69/share (55.8% of current price)

Distributions are down 86% vs a year ago ($0.3446 vs $2.39 avg per payment)

Ex-dividend datePay dateAmount per share
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
Jun 25, 2026Jun 26, 2026$0.1286
Jun 18, 2026Jun 19, 2026$0.1350
Jun 11, 2026Jun 12, 2026$0.1440
Jun 4, 2026Jun 5, 2026$0.2241
May 28, 2026May 29, 2026$0.1791
May 21, 2026May 22, 2026$0.2323
May 14, 2026May 15, 2026$0.2562
May 7, 2026May 8, 2026$0.3351

Total distributions by year

2026 (30 payments)
$7.92/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 Jul 24, 2026, using actual prices and distributions

End value with DRIP
$10,243
+2.4%
End value, dividends as cash
$11,340
+13.4% · $8,354 cash collected
Share price alone
-70.1%
excluding all dividends
Annualized (DRIP)
+0.9%
over 2.8 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 SPY & QQQ

$10,000 invested Sep 26, 2023 to Jul 24, 2026, all dividends reinvested

PYPY (this fund)
$10,243
+2.4% total
SPY
$17,946
+79.5% total
QQQ
$19,624
+96.2% 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.

Dividend Calculator for PYPY (With or Without DRIP)

Investment Parametersfor PYPY

Adjust parameters for PYPY or modify to see different scenarios.

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High Dividend Growth Rate Detected

PYPY shows a 0.8% annual dividend growth rate.This is unusually high and may be due to:

  • Dividend cuts followed by restoration (e.g., during economic downturns)
  • Special dividends included in the calculation
  • Data quality issues
Consider manually verifying this rate for accuracy.

$100$10,000$100K
0%42.6%200%
-50%78.1%50%
$0$500$5K
-50%-54.0%50%
1 year20 years50 years

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PYPY Investment Growth Projection

Projected growth and dividend income after 20 years of investing in PYPY

Total Value

$14,558,621,217,899,965,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000

Total Dividends

$15,532,551,519,895,847,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000

Total Contributions

$130,000

Capital Gains

-$973,930,301,995,882,200,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000

Final Dividend Yield4,381,414.1%
Annual Income$637,873,482,019,515,800,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000

Year-by-Year Breakdown

Detailed breakdown of your investment growth over time

Disclaimer: These calculations are hypothetical projections for educational purposes only. Actual investment returns may vary significantly due to market conditions, dividend changes, and other factors. Not financial advice - consult a qualified advisor before investing.

PYPY House Money Calculator

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

$

Buys ~334.6 shares at $29.89 · recent average distribution $0.2367/share weekly

Estimated time to breakeven
2.4 yrs
~127 weekly payments
Income per payment
$79.20
weekly
Annual income (trailing rate)
$4,118
41.2% on 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
$10,745
Shares needed
360
at $29.89
Effective yield used
55.8%
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 YieldMax PYPY

Single-stock and portfolio option income strategies targeting ultra-high yield distributions.

Strategy highlights

  • Covered call overlays on single stocks, indexes, or baskets
  • Monthly or weekly distribution schedules by group
  • High headline yields with options-driven income

Risk considerations

  • Options overlays cap upside
  • High distribution variability by group
  • Underlying single-stock concentration for many tickers

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 Jul 23, 2026 at $0.5880 per share.
When is PYPY's next ex-dividend date?
Based on its recent schedule, PYPY's next ex-dividend date is estimated around Jul 30, 2026, with payment around Jul 31, 2026. This is an estimate — the fund's official announcement is authoritative.
What is PYPY's dividend yield?
Over the trailing 12 months, PYPY paid $16.69 per share in distributions, a yield of about 55.8% at the current share price. High-yield fund distributions vary, so trailing yield may differ from forward yield.
What is PYPY's total return with dividends reinvested?
A $10,000 investment in PYPY on Sep 26, 2023 would be worth about $10,243 on Jul 24, 2026 with all distributions reinvested (+2.4%). Share price alone moved -70.1% over the same period.

More YieldMax to Explore

Data as of Jul 26, 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.