TSLY Ex-Dividend Date & Dividend Calculator

YieldMax TSLA Option Income Str (TSLY) is an ETF that funds its dividend through covered-call option premium, paying a weekly distribution at a yield of 46.6%. 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 TSLA (a leading EV / autonomous-driving name, prone to event- and news-driven swings) shares, TSLY uses an options overlay to mimic TSLA's price behavior.

Payout mechanics — The payout comes from call-option premium, not from holding TSLA, and it's paid on a weekly cadence. The current yield shown is 46.6% (as of 2026.09.09), and recent payment history has stayed fairly steady payment to payment (variability score 0.11). TSLY currently sits below the threshold used to classify a name as variable-dividend. The per-payment amount is about $0.2060, 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. TSLY's $0.2060 per-payment figure is a snapshot, not a recommendation — weigh it against your own research before acting.

Risk to watch — If TSLA spikes, the sold call caps how much upside TSLY can capture; if TSLA drops, the premium alone often can't offset the decline, and net asset value (NAV) can erode. Treat 2026-09-10 as a working estimate, not a locked-in date — it's derived from the spacing of past payments, nothing more. Read the YieldMax structure explainer and single-stock covered-call basics first, then check the swings directly in the 5-year simulator. When evaluating TSLY, cross-check the $0.2060 per-payment figure against the other numbers in the card above — no single metric should carry the whole judgment.

Summary — TSLY (YieldMax TSLA Option Income Str) pays $0.2060 per period on a weekly cadence. Simply annualized at 52x/year, that's about $10.71 — purely arithmetic assuming current terms hold, nothing more. One more data point worth keeping in view: TSLY's next scheduled ex-dividend date is 2026-09-10, and payments has stayed fairly steady payment to payment (variability score 0.11) — the two together give a more complete read than the yield figure alone. TSLY's $0.2060 per-payment figure is a snapshot, not a recommendation — weigh it against your own research before acting.