TSLYYieldMax TSLA Option Income ETF
Current Price$14.82
Dividend Yield62.4%
Annual Dividend$9.25
Pay FrequencyMonthly

Calculate TSLY Income

How much you want to invest in TSLY
Current market price
Annual yield percentage
Annual TSLY Income$6240
Monthly Income$520
Shares Owned674
Effective Yield62.4%
Phin Smith
CREATED BY Phin Smith UPDATED
Based on 3 sources
Reviewed by Expert
1,085 people found this helpful

How to Calculate TSLY Dividend Income

Follow these steps to estimate your TSLY dividend income:

  1. Enter investment amount - How much you want to invest in TSLY.
  2. Verify the share price - The calculator uses current price of $14.82.
  3. Check the yield - TSLY currently yields 62.4% annually.
  4. View your projected income - See annual, monthly, and quarterly estimates.
Note: TSLY pays dividends monthly, so you'll receive 12 payments per year.

About YieldMax TSLA Option Income ETF (TSLY)

Covered call ETF generating income from Tesla stock options.

TSLY Key Facts

  • Dividend Yield: 62.4% annually
  • Payment Frequency: Monthly
  • Sector: ETF
  • Expense Ratio: 0.99%

Frequently Asked Questions

Is TSLY a good dividend investment?

TSLY offers a 62.4% yield with monthly payments. Whether it's right for you depends on your income needs, risk tolerance, and overall portfolio strategy.

How often does TSLY pay dividends?

TSLY pays dividends monthly, which means you receive 12 dividend payments per year.

What is TSLY's current dividend yield?

TSLY currently yields approximately 62.4% based on a price of $14.82 and annual dividend of $9.25 per share.

Can TSLY cut its dividend?

Any investment can potentially reduce dividends during difficult economic conditions. Review TSLY's dividend history and payout ratio to assess sustainability.

How many shares of TSLY should I buy?

It depends on your goals and portfolio size. A $10,000 investment would buy approximately 674 shares, generating about $6240 in annual dividends.

Investing in TSLY for Dividend Income

YieldMax TSLA Option Income ETF (TSLY) offers investors a high-yield income opportunity with its current 62.4% dividend yield. As an ETF with a 0.99% expense ratio, TSLY provides diversified exposure to dividend-paying stocks with professional management.

Monthly dividend payers like TSLY are particularly attractive for retirees and income investors who prefer regular cash flow. The more frequent payment schedule can help with budgeting and reduces the time money sits idle between payments.

Use this calculator to project your potential dividend income from TSLY, model different investment scenarios, and plan your path toward financial goals. For comprehensive analysis, combine these projections with our tax calculator for after-tax returns and DRIP calculator for long-term compounding effects.

Sources

This calculator is based on the following authoritative sources:

  1. Investopedia - Dividend Yield Definition

    Comprehensive guide to dividend yield calculation and evaluation methodology.

  2. Yahoo Finance - Stock Data

    Real-time stock prices, dividend information, and financial data.

  3. SEC EDGAR - Company Filings

    Official SEC filings with dividend announcements and financial reports.