APLY Ex-Dividend Date & Dividend Calculator

YieldMax AAPL Option Income Str (APLY) is an ETF that funds its dividend through covered-call option premium, paying a weekly distribution at a yield of 9.3%. In exchange for a high payout, upside is capped and there's a risk of NAV erosion. Evaluate it on long-run total return (dividend + price), not short-term income alone.

The distribution amount is a variable-dividend structure that changes month to month with option-market volatility, so past yield does not guarantee future payments. Before investing, read the covered-call ETF risk guide and the complete dividend-types guide.

Strategy structure — Rather than owning AAPL (a leading consumer hardware and services name) shares, APLY uses an options overlay to mimic AAPL's price behavior.

Payout mechanics — APLY's distributions come entirely from options premium on a weekly basis. Yield currently reads 9.3% (as of 2026.10.22), with per-payment amounts that has swung noticeably from one payment to the next (variability score 0.16). Based on recent payment history, APLY is treated as a variable-dividend name going forward. The per-payment amount is about $0.0605, paid roughly 52 times a year. This figure is recalculated every period, so it isn't guaranteed to hold going forward — it's a reference point based on past payment history. None of this replaces doing your own homework on APLY — the $0.0605 figure is a starting point, not the final word.

Risk to watch — This is a single-underlying bet dressed up as an income product — treat the yield and the AAPL exposure as two sides of the same coin, not separate risks. This ex-dividend date (2026-10-22) is inferred from payment-interval history rather than officially confirmed. Worth a read: the YieldMax structure explainer and the single-stock covered-call basics — then run your own numbers in the 5-year simulator. APLY holders should watch which direction the $0.0605 per-payment figure moves over time — a trend across several payments matters more than any single number.

Summary — YieldMax AAPL Option Income Str pays $0.0605 per weekly period. At 52 payments a year that annualizes to roughly $3.15, a simple projection that assumes no change to the current payment. For APLY, it's worth cross-referencing the fact that payments has swung noticeably from one payment to the next (variability score 0.16) against the figures in the card above. Every number here carries the same caveat — it's a snapshot, not a guarantee. APLY's $0.0605 per-payment figure is a snapshot, not a recommendation — weigh it against your own research before acting.