Conclusion – Your May cash payout:
For the May 2025 distribution, your 434 shares of the YieldMax MSTR Option Income Strategy ETF (MSTY) generated a gross dividend of $1,028.58 before taxes or DRIP rounding.
How the figure is derived
Item |
Detail |
Source |
Shares held |
434 |
— |
May-2025 dividend per share |
$2.37 |
1 |
Gross cash = 434 × $2.37 |
$1,028.58 |
— |
(Most brokers round to the nearest cent; you should therefore see $1,028.58 credited.)
Relevant dividend calendar for May 2025
Event |
Date |
What it means |
Announcement |
7 May 2025 |
Board declared the monthly cash payout |
Ex-dividend |
8 May 2025 |
Must have owned MSTY before this date to qualify |
Record date |
8 May 2025 |
Shareholder list finalized |
Pay date |
9 May 2025 |
Cash (or reinvested shares) delivered |
Quick context on MSTY’s monthly distributions
- High but variable yield – MSTY writes call options on MSTR; the premium it captures—hence the dividend—fluctuates with MSTR’s price action and implied volatility.
- Tax treatment – Most of the payout is ordinary income, but check your 1099-DIV for any return-of-capital allocation that would instead lower cost basis.
- Expectation setting – April’s dividend was $1.63, May jumped to $2.37, and June has dropped to $1.47. Plan your cash flow assuming this variability rather than the headline yield alone.
If you’d like to explore how MSTY fits into your broader crypto-centric income strategy—or ways to smooth the month-to-month swings—just let me know!
1: Dividend declaration for MSTY on 7 May 2025; $2.37 per share, ex-date 8 May 2025, pay date 9 May 2025.