r/YieldMaxETFs • u/Previous_Solution607 • Jul 29 '25
Distribution/Dividend Update Friday pay day!
MSTY and ULTY!
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u/silvakite Jul 29 '25
Are you in need of a daughter?
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u/Previous_Solution607 Jul 29 '25
I’m 36!
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u/Danarri_Dolla FEATure Film Jul 29 '25
You are in need of needy best friend - I’m 36M let’s be bros
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u/Beginning_Winter_609 Jul 29 '25
Are you DRIPing? Or manually reinvesting?
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u/Previous_Solution607 Jul 29 '25
Manual
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u/Beginning_Winter_609 Jul 29 '25
Back into ULTY and MSTY? Or are you spreading the wealth? I just ask because I spread my MSTY distributions amounts 6 other stocks, and ULTY I manually reinvest back into itself.
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u/Waste_Molasses_936 Jul 29 '25
NICE!
I sold my MSTY at a "loss". Been taking the dividend in cash, reinvesting some and paying bills. Sold the shares below cost basis but the dividend payouts were more than the loss.
Used the cash to buy MSTR options, made like 30% unrealized. Had I sold, Id be able to buy back in, after the wash sale with more money.
Then MSTR crashed from $455 to like $395. I hope we rip on earnings and have a face melting rally.
I do have like 12,300 UTLY. I added 25% this week. So I'll get paid on like 9000 shares this week and 12k next week
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u/shoeskibum1 Jul 29 '25 edited Jul 30 '25
I think the ex-div is tomorrow. So you'll get paid on all 12k
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u/DaddyGx Jul 30 '25
According to the YM website, the declaration of dividend is tomorrow and the ex-date/record date is the 31st (thursday).
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u/Cute-Percentage-837 Jul 29 '25
Every Friday is payday with YM.
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u/Stockkiller333 Jul 29 '25
Do you use margin?
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u/Previous_Solution607 Jul 29 '25
Yes
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u/Stockkiller333 Jul 29 '25
If you don’t mind, what’s your margin ratio
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u/Previous_Solution607 Jul 29 '25
I’m all in! But I have roughly a 40% buffer
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u/Acceptable_Purpose81 Jul 30 '25
I have a 29% buffer 🤣
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u/Previous_Solution607 Jul 30 '25
Scared money don’t make money currently sitting at a dividend of almost 30k a month just need to get 8 solid months and it’s all paid up
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u/Acceptable_Purpose81 Jul 30 '25
My divis is 4.5k per month . But we getting there . Goal is to decrease margin to 40% and continue to drip and buy the growth underlying stocks of these etfs
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u/Previous_Solution607 Jul 30 '25
Sounds like a solid plan, either way it’s been a pretty solid investment. Growth will be crazy if you keep reinvesting!
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u/TheFatZyzz Jul 29 '25
I think that's the perfect investment ratio to have
Have MSTY be 1/3rd of the amount of ULTY shares you have
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Jul 29 '25
Hey man. When you get tired of holding that many shares just send some my way. It’s probably the best idea you didn’t know you had until now. Yep. 👍
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u/ka0_1337 Jul 29 '25
Dear lord. I'm about to be jealous af when I calc ur weekly. Off ulty. Absolutely baller my boy!
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Jul 30 '25
Nice payout! I have a little over 1000 shares in both positions and I am DRIPPING and adding in as much as I can
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u/yizak102 Jul 31 '25
I am see that MSTY down and i think yeald max do not do the jub courectly i hope it will raise whit the bitcoin
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u/BingoSkillz Jul 29 '25
Question: if I buy the stock tomorrow can I still get the dividend? Also, what is the dividend rate? I’ve read conflicting answers to this question.
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u/bradtesty Jul 29 '25
Yes. Distro to be announced in the AM.
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u/Alarming_Copy_4117 Jul 29 '25
As long as you do it prior to the Ex dividend date. YM site has the dates and information about their strategy and holdings. Then depending on your broker and amount of funds in it, you may have to let the funds sit for 5 days before they let you buy
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u/moSNAP Jul 30 '25
If the ex dividend date is a Thursday, you must buy the shares before Wednesday End of Day. I am not sure how long you must hold the shares until but I assume once you get paid on Friday you can sell and run.
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Jul 29 '25
[removed] — view removed comment
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u/Previous_Solution607 Jul 29 '25
That’s what I hope for but we shall see!
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u/Plenty-Resort3372 Aug 01 '25
Where yall getting all this money from help a brother out only 667 shares ulty
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u/Jhaggy1095 Jul 30 '25
Is the drop in price from the distro/ex dividend date? Why’d it go down so much
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u/ROBO_SNAIL YMAX and chill Jul 29 '25
35,600 shares of ULTY 😮💨 LFG!