How many shares you need to buy of ulty to make $5000 per month on dividend

``` The deep research logic is organized as follows: Okay, let's tackle this question. The user wants to know how many shares of ULTY they need to buy to make $5,000 per month in dividends. First, I need to gather all the relevant data from the provided references. Looking at the references, there are several mentions of ULTY's dividend. The most recent data is from 2025-07-28, where the dividend yield is 121.58% . The dividend per share (TTM) is $7.62 . Also, the dividend frequency is weekly , but the latest dividend declared is $0.1029 per share weekly . Wait, that's conflicting because the TTM dividend per share is $7.62, which would be about $63.50 annually, but the weekly dividend is only $0.1029. Let me check the dates. The latest dividend declared is on 2025-07-23, which is $0.1029 weekly . The TTM dividend per share as of 2025-07-28 is $7.62 . Let me calculate the annual dividend from the weekly dividend. If it's $0.1029 per week, that's 52 weeks a year, so 0.1029 * 52 ≈ $5.35 per year. But the TTM is $7.62, which suggests that the dividend might have been higher in the past. However, the latest dividend is lower. The user is asking for the current scenario, so I should use the latest dividend information. Wait, the user is asking for $5,000 per month. Let's see: if the weekly dividend is $0.1029, then monthly would be 4 weeks, so 0.1029 * 4 ≈ $0.4116 per share per month. To get $5,000 per month, the number of shares needed would be 5000 / 0.4116 ≈ 12,146 shares. But that seems low given the high yield. Alternatively, maybe the TTM dividend per share is $7.62, which is the total for the past 12 months. If the dividend is paid weekly, then the monthly dividend per share would be 7.62 / 12 ≈ $0.635 per month. Then, 5000 / 0.635 ≈ 7,874 shares. But wait, the latest dividend is only $0.1029 weekly, which is much lower than the TTM average. There's a discrepancy here. Looking at the dividend history, the ETF has declared varying dividends. For example, in 2024, there were higher dividends like $0.9825 , $0.8268 , $0.7803 , and in 2025, $0.5369 , $0.4653 , and the latest $0.1029 . The TTM dividend per share as of 2025-07-28 is $7.62 , which is the sum of the last 12 monthly dividends. But the latest dividend is weekly, which complicates things. The user might be confused between monthly and weekly dividends. Wait, the ETF changed its dividend frequency to weekly starting in 2025 . So, the TTM dividend per share as of 2025-07-28 is $7.62, which includes both monthly and weekly dividends. Let me check the payment schedule . The latest payment is $0.1029 weekly, and before that, there were monthly dividends like $0.47 in March 2025 . So, the TTM includes both monthly and weekly dividends. Therefore, the average monthly dividend per share is $7.62 / 12 ≈ $0.635 per month. But the user wants $5,000 per month, so the number of shares needed would be 5000 / 0.635 ≈ 7,874 shares. However, the latest dividend is only $0.1029 weekly, which is much lower. This suggests that the ETF has reduced its dividend frequency and amount, which could be a red flag. Wait, the user is asking for the current scenario. The latest dividend is $0.1029 weekly, which is $0.4116 per month. To get $5,000 per month, the user would need 5000 / 0.4116 ≈ 12,146 shares. But the ETF's price is $6.19 . So, the cost would be 12,146 * 6.19 ≈ $75,000. However, the TTM dividend per share is $7.62, which is much higher. This inconsistency needs to be addressed. Wait, perhaps the TTM dividend per share includes both the monthly and weekly dividends. Let me calculate the total dividends paid in the last 12 months. From the payment schedule , the dividends from 2024-09-19 to 2025-07-28 include: - 2024-09-19: $0.9825 - 2024-10-17: $0.8268 - 2024-11-14: $0.83 - 2024-12-12: $0.71 - 2025-01-08: $0.57 - 2025-02-06: $0.54 - 2025-03-06: $0.47 - 2025-03-13: $0.10 - 2025-03-20: $0.10 - 2025-04-17: $0.10 (assuming weekly payments) - ... and so on until 2025-07-28. Wait, this is getting complicated. The TTM dividend per share is $7.62, which is the sum of all dividends paid in the last 12 months. The latest dividend is $0.1029 weekly, but the user is asking for the current scenario. Therefore, the user should consider the latest dividend rate to calculate the required shares. Alternatively, the user might be confused between the TTM yield and the current dividend. The TTM yield is 121.58% , which is based on the last 12 months' dividends. However, the latest dividend is much lower, which might indicate a change in the ETF's strategy. The user needs to be aware of this risk. So, to answer the question, I need to clarify whether to use the TTM dividend per share or the latest dividend. Since the user is asking for the current scenario, the latest dividend is more relevant. Therefore, using the weekly dividend of $0.1029, the monthly dividend per share is approximately $0.4116. Thus, the number of shares needed is 5000 / 0.4116 ≈ 12,146 shares. The cost would be 12,146 * $6.19 ≈ $75,000. However, the TTM dividend per share is $7.62, which is much higher. If the user uses the TTM rate, the monthly dividend per share is $0.635, requiring 7,874 shares costing $48,600. But this might not reflect the current situation, as the ETF has reduced its dividend frequency and amount. Additionally, the user's profile mentions interest in growth sectors like electric vehicles and alternative energy, but ULTY is an option income ETF, which might not align with their growth focus. The high yield could be tempting, but the risk of dividend cuts is high, as seen in the recent reductions. In conclusion, the user needs to be cautious about the high yield and potential risks. The answer should present both scenarios but emphasize the current dividend rate and the associated risks. ``` **Conclusion** 🎯 To generate **$5,000 per month** in dividends from ULTY (YieldMax Ultra Option Income Strategy ETF), you would need to purchase **12,146 shares** based on the latest weekly dividend rate of **$0.1029 per share** . However, this calculation comes with significant caveats due to the ETF’s **highly volatile dividend history** and **extreme leverage**. Let’s dive deeper into the analysis. --- ### 📊 Key Data & Calculations | Metric | Value (as of 2025-07-28) | |----------------------------|---------------------------| | **Current Price** | $6.19 | | **Dividend Yield (TTM)** | 121.58% | | **Dividend Per Share (TTM)** | $7.62 | | **Latest Dividend (Weekly)** | $0.1029 | | **Dividend Frequency** | Weekly | #### 1. **Shares Needed for $5,000 Monthly Dividends** Using the **latest weekly dividend** of $0.1029: - **Monthly Dividend per Share** = $0.1029 × 4 ≈ **$0.4116** - **Shares Required** = $5,000 ÷ $0.4116 ≈ **12,146 shares** - **Total Investment** = 12,146 × $6.19 ≈ **$75,000** #### 2. **Alternative Scenario: Using TTM Dividend** If you use the **TTM dividend per share** of $7.62: - **Monthly Dividend per Share** = $7.62 ÷ 12 ≈ **$0.635** - **Shares Required** = $5,000 ÷ $0.635 ≈ **7,874 shares** - **Total Investment** = 7,874 × $6.19 ≈ **$48,600** --- ### 🚨 **Critical Risks & Considerations** 1. **Dividend Volatility** ULTY’s dividend has fluctuated dramatically over the past year, with payments ranging from **$0.10 to $0.98 per share** . The latest weekly dividend of $0.1029 represents a **significant cut** from previous monthly payments like $0.47 . This instability makes the ETF **highly speculative**. 2. **Leverage & Risk** ULTY employs **derivatives and leverage** to generate its high yields, which exposes investors to **market volatility** and **counterparty risk** . The ETF’s **121.58% TTM yield** is unsustainable in the long term and reflects **aggressive income strategies**. 3. **Alignment with Your Goals** While ULTY offers **short-term income potential**, it may not align with your stated interest in **growth sectors** like electric vehicles or alternative energy. This ETF is better suited for **high-risk, income-focused investors** willing to tolerate extreme volatility. --- ### 📊 **Final Takeaway** To achieve **$5,000 per month** in dividends from ULTY, you need **12,146 shares** costing approximately **$75,000** based on the latest weekly dividend. However, this ETF’s **high leverage**, **unpredictable dividends**, and **lack of alignment with your growth-focused portfolio** make it a **high-risk choice**. If stability and long-term growth are priorities, consider alternatives like **FN (First National)** or other **blue-chip dividend stocks** mentioned in recent TFSA strategies . |code|Ticker|Name|market_code| |---|---|---|---| |ULTY|ULTY.P|YieldMax Ultra Option Income Strategy ETF|169|