LemonTrades
TL;DR
- ULTY pays every week. The last 13 payments came to about $3.84 a share, about $15 a year at that pace, roughly 75% of its price near $20.
- Its price has fallen from about $47 to about $20 in a year, after a 1-for-10 reverse split on December 1, 2025.
- It sells options on a changing basket of very volatile stocks. Payouts include return of capital, so part is your own money returned.
- LemonTrades tells you what moved the market and your funds, and why, as it happens.
ULTY is built for the biggest possible payout. Here’s what that has looked like.
ULTY’s recent payouts
| Paid | Per share |
|---|---|
| Nov 5, 2026 | $0.2469 |
| Oct 29, 2026 | $0.2647 |
| Oct 22, 2026 | $0.2772 |
| Oct 15, 2026 | $0.2955 |
| Oct 8, 2026 | $0.3016 |
| Oct 1, 2026 | $0.2943 |
| Sep 24, 2026 | $0.3058 |
| Sep 17, 2026 | $0.2967 |
| Sep 10, 2026 | $0.3044 |
| Sep 3, 2026 | $0.3048 |
| Aug 27, 2026 | $0.3076 |
| Aug 20, 2026 | $0.3197 |
| Aug 13, 2026 | $0.3179 |
Payouts have drifted lower as the share price fell. Per-share figures before the December 2025 reverse split aren’t comparable.
How it makes its payouts
ULTY owns a rotating group of high-volatility stocks and sells call options on them for premium income, with some put spreads for protection. The more volatile the stocks, the bigger the premiums, and the bigger the losses when they fall.
What to watch
- NAV decay: commentators estimate ULTY’s net asset value has fallen by about 79% since it launched in 2024, despite the payouts.
- Reverse split: 1-for-10 on December 1, 2025, after the price fell.
- Fee: 1.30% a year, high for an ETF.
- Return of capital and taxes: read each payout’s tax notice.
Compare MSTY, NVDY and steadier QQQI. Before buying, read how to evaluate investment risks.
Sources
- StockAnalysis: ULTY dividend history
- YieldMax: ULTY fund page
- YieldMax: planned reverse stock splits (November 2025)
- TS2: ULTY, reverse split and outlook
- Investor.gov: Return of capital
Education, not financial advice. Past payouts don’t predict future ones. See our disclaimer.
