What is YieldMax PYPL Option Income Strategy ETF's dividend yield?▾
YieldMax PYPL Option Income Strategy ETF (PYPY) pays a current trailing twelve-month dividend yield of 56.02%, which works out to $17.22 per share annually based on the most recent payout schedule.
When does YieldMax PYPL Option Income Strategy ETF pay distributions?▾
The most recent ex-dividend date was July 30, 2026. The next scheduled dividend payment date is July 31, 2026.
What does YieldMax PYPL Option Income Strategy ETF invest in?▾
PYPY aims to generate monthly income while providing exposure to the price returns of Paypal stock (PYPL), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of PYPL by purchasing and selling at-the-money calls and puts that have one- to six-month terms. To generate income, the fund writes call options with an...
