YMAXYieldMax Universe Fund of Option Income ETFs
Current Price$18.50
Dividend Yield55%
Annual Dividend$10.18
Pay FrequencyMonthly

Calculate YMAX Income

How much you want to invest in YMAX
Current market price
Annual yield percentage
Annual YMAX Income$5500
Monthly Income$458
Shares Owned540
Effective Yield55%
Phin Smith
CREATED BY Phin Smith UPDATED
Based on 3 sources
Reviewed by Expert
915 people found this helpful

How to Calculate YMAX Dividend Income

Follow these steps to estimate your YMAX dividend income:

  1. Enter investment amount - How much you want to invest in YMAX.
  2. Verify the share price - The calculator uses current price of $18.50.
  3. Check the yield - YMAX currently yields 55% annually.
  4. View your projected income - See annual, monthly, and quarterly estimates.
Note: YMAX pays dividends monthly, so you'll receive 12 payments per year.

About YieldMax Universe Fund of Option Income ETFs (YMAX)

Fund of funds holding multiple YieldMax option income ETFs.

YMAX Key Facts

  • Dividend Yield: 55% annually
  • Payment Frequency: Monthly
  • Sector: ETF
  • Expense Ratio: 0.99%

Frequently Asked Questions

Is YMAX a good dividend investment?

YMAX offers a 55% yield with monthly payments. Whether it's right for you depends on your income needs, risk tolerance, and overall portfolio strategy.

How often does YMAX pay dividends?

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

What is YMAX's current dividend yield?

YMAX currently yields approximately 55% based on a price of $18.50 and annual dividend of $10.18 per share.

Can YMAX cut its dividend?

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

How many shares of YMAX should I buy?

It depends on your goals and portfolio size. A $10,000 investment would buy approximately 540 shares, generating about $5500 in annual dividends.

Investing in YMAX for Dividend Income

YieldMax Universe Fund of Option Income ETFs (YMAX) offers investors a high-yield income opportunity with its current 55% dividend yield. As an ETF with a 0.99% expense ratio, YMAX provides diversified exposure to dividend-paying stocks with professional management.

Monthly dividend payers like YMAX 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 YMAX, 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.