For month of may

**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** | |
| 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

1. **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.
2. **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.
3. **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!

: Dividend declaration for MSTY on 7 May 2025; $2.37 per share, ex-date 8 May 2025, pay date 9 May 2025.