Msty divided payment for 434 stocks

**Conclusion – Your June cash-outlook:**
With 434 shares of the YieldMax MSTR Option Income Strategy ETF (ticker MSTY) on the June 5 record date, you are entitled to the newly declared monthly distribution of **$1.4707 per share**, translating into roughly **$638.28 (before any taxes or fees)** that should hit your account on the June 6, 2025 pay date.

---

### How the figure is calculated

| Item | Detail |
|------|--------|
| Shares owned | 434 |
| Latest monthly dividend | $1.4707 per share |
| Gross dividend = 434 × 1.4707 | **$638.28** |

*(Brokers normally round to the nearest cent, so the cash you actually see may show as $638.28.)*

---

### Key dates you should know

| Event | Date (2025) | What it means |
|-------|-------------|---------------|
| Ex-dividend | 5 Jun | Shares had to be purchased **before** this date to qualify. |
| Record date | 5 Jun | Cut-off used by the fund’s transfer agent. |
| Pay date | 6 Jun | Cash (or reinvested shares if enrolled in DRIP) is distributed. |

---

### A quick pulse check on MSTY’s payouts

1. **Extreme yield, extreme variability**
The forward yield printed at ~79.5 % when the $1.4707 distribution was announced. Since MSTY earns income by selling call options on MicroStrategy (MSTR), its monthly payout can swing widely with MSTR’s volatility. Expect numbers to change—sometimes dramatically—from month to month.

2. **Tax treatment**
• Distributions are typically reported as ordinary income (Section 1256 gains/losses may also appear because of the option overlay).
• If the ETF reports option premium as return-of-capital in any given month, that portion lowers your cost basis rather than being taxed immediately—check the 19-a notice and your 1099-DIV for the final breakdown.

3. **Sustainability caveat**
The hefty yield looks enticing, but remember it is not guaranteed. If MSTR’s implied volatility drops or the fund manager needs to adjust option coverage, future dividends could be lower.

---

### What to do next

• **Verify with your broker** on the morning of June 6 to confirm the cash lands as expected.
• **Consider the volatility tie-in**: if you rely on this income stream, keep an eye on MSTR’s volatility and MSTY’s option coverage ratio, because they ultimately drive the size of future checks.
• **Plan for taxes** early—setting aside a portion of the distribution now can prevent a surprise next April.

Feel free to reach out if you’d like a deeper dive into MSTY’s option mechanics or how this fits into your broader crypto-focused income strategy.