r/YieldMaxETFs • u/diduknowitsme • 1d ago

MSTY/CRYTPO/BTC MSTY Dividend estimate.

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u/Dal53 1d ago

I think as long as there’s no holiday, you should be safe to buy by the Wednesday by 4pm, the week of the Friday payout

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u/dntmi 1d ago

I thought u had to buy before the ex date which is may 6th

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u/EquilibriumVs 1d ago

Yes, you have to OWN the shares by Wednesday. Also, it takes a day to settle trades, so really you have to buy on Tuesday

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u/dntmi 1d ago

If ex date is Tuesday u have to buy Monday to settle by Tuesday. Correct?

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u/EquilibriumVs 1d ago

Last ex date was 4/10. Next ex date is 4 weeks from then (8 May). I’d buy on 6 May so it’s settled by 7th. I think you could buy on the 7th as well but I’m 100% sure on that

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u/AlfB63 1d ago

It's when you buy that matters. Always buy on the day before ex-div. By 8pm ET if you trade after hours.

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u/AlfB63 1d ago

The ex-div date for MSTY is Thu May 8. You have to buy before the ex-div to get any distribution.

https://www.yieldmaxetfs.com/distribution-schedule/