How much is PYPY's distribution?

PYPY's most recent distribution was $0.1570 per share, with an ex-dividend date of Sep 17, 2026. Over the last 12 months it paid $16.3110 per share across 49 payments, a trailing yield of 63.37%.

How often does PYPY pay a distribution?

Yieldmax PYPL Option Income Strategy ETF pays on a weekly schedule. It made 49 payments in the last 12 months and 21 in 2025.

When is PYPY's next distribution?

PYPY's next ex-dividend date has not been announced yet. Based on its weekly schedule, the next payment follows the pattern in the table above.

Has PYPY ever cut its distribution?

Yes. Our payment-by-payment record shows 38 regular payments lower than the one before it. Option-income and bond funds vary their distributions with income earned, so reductions are routine for these funds.

How much did PYPY pay in dividends in 2025?

PYPY paid $26.4150 per share across 21 payments in 2025, down 39.4% from 2024.

What was PYPY's total return including distributions over the last year?

Over the 12 months to Sep 23, 2026, PYPY paid $16.3110 per share, 30.92% of its price a year earlier, while its price moved -51.2%. That is an approximate total return of -20.3% before taxes and reinvestment.

PYPY Dividend History

Name: Yieldmax PYPL Option Income Strategy ETF (PYPY) dividend history
Creator: SmarterDividends

Yieldmax PYPL Option Income Strategy ETF · every payment since 2023

Yieldmax PYPL Option Income Strategy ETF (PYPY) has paid 73 distributions since 2023. The most recent was $0.1570 per share (ex-date Sep 17, 2026). Over the last 12 months PYPY paid $16.3110 across 49 payments, a trailing yield of 63.37%. The average of the last 4 regular payments is -23.1% versus the 4 before.

Latest distribution

$0.1570

Last ex-date

Sep 17, 2026

Paid, last 12 months

$16.31

Trailing yield

63.37%

Frequency

Weekly

Payments on record

What the record shows

PYPY has paid weekly since 2023, giving it a relatively brief distribution history. It has made 73 payments. The latest distribution was $0.157 per share, 0.6% higher than the previous payment.

Over the last year, PYPY distributed $16.311 per share, equivalent to a 63.37% trailing yield. Recent distributions averaged $0.1755 per share, down from $0.4878 previously, a 64% decrease. The latest increase therefore followed a pronounced decline in the recent payment level.

The initial year was partial because payments began during it. The first full-year total was $43.58 per share, followed by a lower annual total of $26.415. Over the past year, PYPY’s price fell 52%, while distributions equaled 30.4% of the price a year earlier. The resulting approximate total return was -21.6%, as the distributions only partly offset the price decline.

By SmarterDividends Team · written from the payment record on this page · updated Sep 24, 2026 · editorial policy

Distributions versus price, last 12 months

Paid out

30.92%

of price a year ago

Price change

-51.2%

$52.75 → $25.74

Approx. total return

-20.3%

before taxes

A high distribution rate paired with a falling price means part of the payout came back out of the share price. Total return adds distributions received to the price change; it ignores reinvestment and taxes.

PYPY distributions per year

Total paid per share by calendar year

Recent distribution amounts

Last 52 regular payments, per share