Derivative Income ETFsby Aseity Research

YMAG dividend: payout history, ex-dates and yield

YieldMax Magnificent 7 Fund of Option Income ETFs · YieldMax · pays weekly

Quick answer

YMAG's latest payout was $0.0650 a share, ex-date 4 November 2026. At that rate it yields about 33% a year at the 5 Nov price of $10.26. Payouts have fallen 4 times in a row, from $0.0857 on 7 Oct. Over 12 months its total return, payouts included, was −0.3%. YieldMax's latest Section 19(a) notice estimated 26% of the 15 Oct payout as return of capital, a tax classification (what that means).

Updated 6 Nov 2026 · By Matthew Rhodes, former sell-side analyst · Sources and method

Next ex-date (expected)Wed 11 Nov 2026Pays Thu 12 Nov. Own YMAG before the ex-date to receive it. Based on its weekly pattern; not yet declared.
On $10,000 at the latest price$63 a weekIf the latest $0.0650 payout repeated.
Paid over the last 12 payouts$0.95 a shareAverage $0.0793, 5 Aug to 4 Nov.

YMAG dividend history

Every YMAG payout per share, newest first. It pays weekly.

8 Jul 2026: $0.07648 Jul15 Jul 2026: $0.077215 Jul22 Jul 2026: $0.091522 Jul29 Jul 2026: $0.089929 Jul5 Aug 2026: $0.09555 Aug12 Aug 2026: $0.112012 Aug26 Aug 2026: $0.082726 Aug9 Sep 2026: $0.07419 Sep16 Sep 2026: $0.067216 Sep23 Sep 2026: $0.071623 Sep30 Sep 2026: $0.079130 Sep7 Oct 2026: $0.08577 Oct14 Oct 2026: $0.076814 Oct21 Oct 2026: $0.076621 Oct28 Oct 2026: $0.065928 Oct4 Nov 2026: $0.06504 Nov
YMAG payouts per share, 8 Jul 2026 to 4 Nov 2026. Latest in green.
YMAG payouts per share
Ex-datePay datePayoutChangeReturn of capital (est.)
4 Nov 2026–$0.0650−1.4%–
28 Oct 2026–$0.0659−14.0%–
21 Oct 2026–$0.0766−0.3%–
14 Oct 2026–$0.0768−10.4%26%
7 Oct 2026–$0.0857+8.3%34%
30 Sep 20261 Oct 2026$0.0791+10.5%51%
23 Sep 202624 Sep 2026$0.0716+6.5%47%
16 Sep 202617 Sep 2026$0.0672−9.3%80%
9 Sep 202610 Sep 2026$0.0741−10.4%67%
26 Aug 202627 Aug 2026$0.0827−26.2%42%
12 Aug 202613 Aug 2026$0.1120+17.3%48%
5 Aug 20266 Aug 2026$0.0955+6.2%40%
29 Jul 202630 Jul 2026$0.0899−1.7%60%
22 Jul 202623 Jul 2026$0.0915+18.5%60%
15 Jul 202616 Jul 2026$0.0772+1.0%77%
8 Jul 20269 Jul 2026$0.0764+5.4%77%
1 Jul 20262 Jul 2026$0.0725−10.2%66%
24 Jun 202625 Jun 2026$0.0807−1.7%24%
17 Jun 202618 Jun 2026$0.0821−18.4%26%
10 Jun 202611 Jun 2026$0.1006−10.1%69%
3 Jun 20264 Jun 2026$0.1119−1.3%65%
27 May 202628 May 2026$0.1134−25.6%71%
20 May 202621 May 2026$0.1525+1.9%44%
13 May 202614 May 2026$0.149778%

Showing the latest 24 of 101 payouts since 9 Jan 2024.

YMAG payouts by tax character

As estimated by YieldMax in its Section 19(a) notices. This is an accounting classification for tax purposes, not a measure of the fund's performance. Final figures are on Form 1099-DIV. Not tax advice.

34 notices in 2026, $3.24 a share in total

Net investment income
$1.37 · 42%
Capital gains
$0.00 · 0%
Return of capital
$1.86 · 57%
Latest notices, per share
PaidTotalIncomeCapital gainsReturn of capitalNotice
15 Oct 2026$0.0768$0.0566$0.0000$0.0202PDF
8 Oct 2026$0.0857$0.0566$0.0000$0.0291PDF
1 Oct 2026$0.0791$0.0391$0.0000$0.0400PDF
24 Sep 2026$0.0716$0.0379$0.0000$0.0337PDF
17 Sep 2026$0.0672$0.0133$0.0000$0.0539PDF
10 Sep 2026$0.0741$0.0243$0.0000$0.0498PDF
3 Sep 2026$0.0847$0.0578$0.0000$0.0321PDF
27 Aug 2026$0.0827$0.0476$0.0000$0.0351PDF

YMAG fund facts

As published by YieldMax for 6 November 2026, with the change since 7 Oct 2026.

Net assets$259.9M−13% from $297.2M.
Shares outstanding25.38M−1.9% from 25.88M: more shares redeemed than created.
NAV per share$10.24Closing market price $10.26.
Premium / discount to NAV+0.16%
Distribution rate32.29%Published by the issuer: latest payout annualised.
SEC 30-day yield59.29%Published by the issuer: standardised net investment income.
Why the distribution rate and the SEC yield are so different

They measure different things. The distribution rate annualises the latest payout against the share price. The SEC 30-day yield is a standard formula that counts only the fund's net investment income, such as dividends and interest, after expenses. Option premium is not included in it, so for option-income funds the two figures are usually far apart.

YMAG total return vs the market

Total return with payouts reinvested, to 5 November 2026. SPY tracks the S&P 500, QQQ the Nasdaq-100.

Fund1 month3 months6 months12 months
YMAG−7.8%−2.2%−2.4%−0.3%
QQQ (Nasdaq-100)−14.4%−9.7%−4.9%+4.3%
SPY (S&P 500)−5.4%−4.5%+1.8%+9.3%
$16$13$9.865 Nov 20255 Nov 2026
YMAG share price, first trading day of each month
12-month high
$15.20 · 5 Nov 2025
Latest close
$10.26 · 5 Nov 2026
Below 12-month high
−32.5%

What happens to the price on the ex-date

On an ex-date the payout leaves the fund, so the price usually falls by about that amount. Over YMAG's last 12 ex-dates the closing price fell a median $0.11, against a median payout of $0.08. The price also moves with the market on the day.

Ex-datePayoutClose the day beforeClose on the ex-datePrice change
4 Nov 2026$0.0650$10.58$10.77+$0.19
28 Oct 2026$0.0659$11.01$10.89−$0.12
21 Oct 2026$0.0766$11.16$11.20+$0.04
14 Oct 2026$0.0768$11.55$11.29−$0.26
7 Oct 2026$0.0857$11.57$11.49−$0.08
30 Sep 2026$0.0791$11.33$11.28−$0.05
23 Sep 2026$0.0716$11.54$11.38−$0.16
16 Sep 2026$0.0672$11.19$11.08−$0.11

What YMAG holds

From YieldMax's holdings file, 6 November 2026: 9 positions.

Largest holdings

  1. YieldMax AAPL Option Income Strategy ETF15.5%
  2. YieldMax Amzn Option Income ETF15.4%
  3. YieldMax MSFT Option Income Strategy ETF15.3%
  4. YieldMax Tsla Option Income ETF13.8%
  5. YieldMax Meta Option Income Strategy ETF13.4%
  6. YieldMax NVDA Option Income Strategy ETF13.0%
  7. YieldMax GOOGL Option Income Strategy ETF12.7%
  8. Cash & Other0.7%
  9. First American Government Obligations Fund 12/01/20310.3%

YMAG changes

No closures, strategy changes or unusual payouts recorded for YMAG.

YMAG questions

How often does YMAG pay a dividend?

Weekly. Its recent ex-dates fell on a Wednesday. It has paid 101 times since 9 Jan 2024 in our records.

When is YMAG's next ex-date?

Expected 11 November 2026, based on its weekly pattern; not yet declared. You must own YMAG before the ex-date to receive it. In 4 of the last 5 payouts the amount was declared the day before the ex-date.

How much does YMAG pay per share?

The latest payout was $0.0650 a share (ex-date 4 November 2026). Over its last 12 payouts it averaged $0.0793.

What is YMAG's dividend yield?

About 33% a year if the latest payout repeated for a year at the 5 November 2026 price of $10.26. Payouts change, so this is not a forecast.

Is YMAG's dividend return of capital?

In YMAG's Section 19(a) notices, YieldMax estimated 26% of the 15 October 2026 payout as return of capital. This is a tax classification, not a measure of the fund's performance: return of capital usually lowers your cost basis instead of being taxed as income now. Estimates can change, and the final figures are on your year-end Form 1099-DIV. Ask a tax adviser how it applies to you.

Has YMAG made money after its payouts?

Over the 12 months to 5 November 2026, YMAG's total return with payouts reinvested was −0.3%: $10,000 became about $9,968.

How big is YMAG?

YieldMax reported net assets of $259.9M on 6 November 2026, down from $297.2M on 7 October 2026.

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YMAG documents

Sources and method

Payouts from YieldMax's website and data files, checked against its Section 19(a) notices where published. Return-of-capital figures are the fund's own estimates from those notices, reported as published; they are a tax classification, not a measure of performance, and the final figures are on Form 1099-DIV. Prices and total returns from daily closing prices adjusted for splits and payouts. Holdings and fund facts from YieldMax's daily files. For information only, not investment or tax advice. More on our method.