ULTY Dividend Calculator
YieldMax Ultra Option Income Strategy ETF distributes every week. Our ULTY record covers 223 days, short of the twelve months a trailing payout needs, so the field below opens empty rather than part-filled.
Enter the share price you are paying to see the projection. We publish no price data, so this is the one figure the page cannot fill in for you.
Payout figures read from YieldMax on Aug 18, 2026. You supply the share price. The ULTY record page holds every payment behind these figures.
What the ULTY Calculator Loads, and the Arithmetic Behind It
Our ULTY record holds 32 payments between January 7, 2026 and August 12, 2026, totalling $12.9477 per share across 223 days. Worked on a round position, 1,000 shares collected $12,947.70 of cash over that stretch. That is a real figure for a real period, and it is not an annual dividend.
Turning it into one would mean multiplying by 1.64 to stretch 223 days to 365. The record argues against that. Splitting the window at April 28, 2026, the 16 payments before it averaged $0.4483 and the 16 after averaged $0.3609, a difference of 19%. Which end you scale from decides the answer, which is the definition of a figure the record does not support. The field stays empty and you enter the figure you want to model.
On the record we hold, a trailing twelve-month sum first becomes computable around January 7, 2027, assuming ULTY keeps distributing on its current schedule. Until then the honest input is a number you chose and can explain. Every payment behind these totals is listed on the ULTY record page.
What ULTY's weekly Cadence Does to the Model
ULTY distributes every week, which is 52 payments a year. The projection above steps once a year, so a twenty-year run performs 20 reinvestments where ULTY would have offered 1040. Every payment between the annual steps is treated as though it arrived on the last day of the year. Observed gaps between ULTY ex-dates ran 7 to 7 days, median 7.
We put no number on the reinvestment-timing effect for ULTY. Measuring it means running a year of payments through a reinvestment sequence, and our record covers 223 days across 32 payments. A figure computed on that and labelled first-year would be a year-shaped number that is not a year.
One term decides how far the annual step falls short, and for ULTY it is 48.4%: a measure of how evenly the window's cash is split across its payments. A single lump scores zero, four equal payments 37.5%, twelve 45.8%, and fifty-two 49.0%. ULTY sits near the even end, which is where the annual-step model understates reinvestment most.
Where ULTY's Cash Actually Landed
The 7 complete calendar months ending Jul 2026, from ULTY's recorded ex-dates, split-adjusted, as of 2026-08-18. Income is what 1,000 shares would have collected. A projection divides one annual figure by twelve; the record did this instead. The 2 payments since Jul 2026 ended sit in a month that is not over, so they are left out of this table and the total below it.
| Month | Payments | Per Share | On 1,000 Shares | Share of Window |
|---|---|---|---|---|
| Jan 2026 | 4 | $1.9966 | $1,996.60 | 16.2% |
| Feb 2026 | 4 | $1.8158 | $1,815.80 | 14.7% |
| Mar 2026 | 4 | $1.7344 | $1,734.40 | 14.1% |
| Apr 2026 | 5 | $2.0284 | $2,028.40 | 16.5% |
| May 2026 | 4 | $1.5934 | $1,593.40 | 12.9% |
| Jun 2026 | 4 | $1.5161 | $1,516.10 | 12.3% |
| Jul 2026 | 5 | $1.6369 | $1,636.90 | 13.3% |
| 7 months | 30 | $12.3216 | $12,321.60 | 100.0% |
Apr 2026 was the largest month at $2.0284 per share, carrying 16.5% of the 7-month total on its own. The quietest was Jun 2026 at $1.5161, a factor of 1.3 between the two.
Shares and Capital for a Monthly Income Target from ULTY
We cannot compute this for ULTY without inventing the input. Shares needed for a monthly target is that target times twelve divided by an annual payout per share, and our ULTY record covers 223 days rather than a year, so there is no annual payout to divide by. The 32 payments we hold total $12.9477 per share, which is what those 223 days paid and nothing more. On the current schedule the missing arithmetic becomes available around January 7, 2027. Until then, enter your own annual figure in the calculator above and read its first-year income line, which is the same division performed on your assumption rather than on ours.
The Growth Input for ULTY
There is no rate ULTY's record supports, and this page will not invent one. Growth needs two complete calendar years of payouts, or two full years of coverage. Our ULTY record starts 2026-01-07 and holds no complete calendar year yet across 32 payments. On the record we hold, the rolling comparison can first be computed on January 7, 2028 and the calendar-year comparison on January 1, 2029, so this figure fills in around January 2028 as long as ULTY keeps distributing on its current schedule.
Leave the field at zero for the run you take seriously, which models ULTY paying what it has paid, then run it again at a rate you can defend. The distance between the two answers is the part that came from you rather than from the record.
What Makes ULTY Hard to Model
Each item is triggered by something computed from ULTY's own record and carries the figure that triggered it.
Most of what ULTY pays out is not income the fund earned. Weighted by payment size, 74.2% of the 32 ULTY payments carrying a sponsor estimate was return of capital: $9.6057 per share handed back out of $12.9477 paid, leaving $3.3420 per share of estimated income. 19 of those payments were marked entirely return of capital. A projection that applies a growth rate to the whole distribution treats capital coming back as earnings compounding, which is the wrong shape: return of capital lowers your cost basis instead of being taxed as income, and it cannot grow indefinitely without the fund earning it. Model this one with the growth field at zero and read the result as a cash-flow schedule rather than an income stream. See how ULTY distributions are taxed.
ULTY's payout is generated, not declared, so a growth rate is the wrong control. YieldMax Ultra Option Income Strategy ETF pays out of premium collected by selling options against a single underlying position. An operating company sets a dividend as policy and moves it in small deliberate steps, which is exactly the behaviour a constant annual growth rate describes. Option premium is priced off the volatility of the underlying, so the payout rises when that underlying is turbulent and falls when it is calm. That is a market variable, not a management decision. Our record bears that out: across trailing twelve months ULTY's payments ran from $0.3082 to $0.5186, a spread of 68%. The growth field on this calculator was built for the first kind of payer. On this one it compounds a number nobody is steering.
ULTY's record cannot supply a growth rate, so any rate you type is invented. A growth figure needs two comparable windows to set against each other, and our ULTY record holds 32 payments from January 7, 2026 with no complete calendar year in them yet. One window is not a comparison. On our ULTY record the earliest it can be filled is January 2028.
A single ULTY payment is a bad basis for an annual figure. Across trailing twelve months the smallest ULTY payment was $0.3082 on August 5, 2026 and the largest $0.5186 on January 14, 2026, a spread of 68%. Multiplying those by the 52 payments a year the cadence implies gives $26.97 against $16.03 per share, so the annual dividend field could be filled with figures 1.7 times apart depending only on which payment you happened to look at. Use a summed trailing figure rather than any one payment.
ULTY's payments moved inside the window the model treats as one flat year. Splitting the 32 payments at April 28, 2026, the 16 before it averaged $0.4483 and the 16 after averaged $0.3609, which is 19% smaller. The projection model has no way to represent a drift inside a year: it takes one annual figure and one growth rate. Feeding it a trailing total that spans both halves builds in a payout level that neither half actually paid.
Starting a ULTY Projection Today
A projection books a full year of income in year one. Today is August 21, 2026, 233 days into 2026. ULTY has already gone ex-dividend 32 times in 2026, for $12.9477 per share, and buying now collects none of it. On the observed cadence, about 20 more payments would fall before 31 December, which is 38% of a normal year for ULTY. That is a read of the record rather than a schedule ULTY has published.
Nothing further is declared for ULTY on our record, so every payment inside the projection is a modelled one. Based on the 7-day gap the record shows, the next ex-date would ordinarily land between Aug 17, 2026 and Aug 21, 2026, which is a pattern rather than an announcement. Read year one as twelve months from your purchase date, not the rest of this calendar year.
Frequently Asked Questions
What annual dividend figure should I use for ULTY?
None that we can hand you. Our ULTY record starts January 7, 2026 and holds 32 payments totalling $12.9477 per share across 223 days, which is less than a year, so any annual figure would be that sum scaled by an assumption we have no basis for. The field opens empty on purpose. On the record we hold, a trailing twelve-month sum first becomes computable around January 7, 2027 if ULTY keeps distributing on its current schedule.
What growth rate should I put in the ULTY calculator?
Zero for the run you take seriously, then a second run at a rate you can defend out loud. ULTY has no two comparable windows on our record, so there is no realised rate to offer you and we will not invent one. On our ULTY record the earliest it can be filled is January 2028.
Does this calculator account for ULTY's return of capital?
No. It models the whole distribution as income. On the fund's own estimates, 74.2% of the $12.9477 per share in our record was return of capital, so the projection's income column overstates the taxable income and shows nothing of the effect on your cost basis. The composition figures payment by payment are on the ULTY tax page.
Why does the ULTY calculator ask me for the share price?
Because we publish no prices. Every figure here carries the date its source was read, and a live quote cannot. YieldMax ETFs publishes no distribution rate for ULTY that we could turn into an implied price by arithmetic, so the price field starts empty.
Every payment, split adjustment, and calendar-year total behind these figures is on the ULTY dividend history page. The tax character of ULTY's payments, which this pre-tax model ignores, is worked out on the ULTY tax page. Other payers whose distributions come out of an options programme are listed on the coverage table. The general-purpose tools sit on the calculator hub, and the model is written out on the methodology page.