- Pays: weekly (YieldMax moved its single-stock funds from every-4-weeks to weekly in 2025).
- First paid: September 2023 — every payment since is charted below.
- What it is: a YieldMax fund that sells call spreads on Amazon (AMZN), converting the stock's volatility into distributable premium. It does not simply hold the stock.
- Fee: 1.09% gross expense ratio (issuer fund page).
- The angle: one of the original 2023 YieldMax funds — three full years of payment record.
The income is option premium, not Amazon profits: AMZY caps its upside when AMZN rallies and keeps most of the downside when it falls. Payouts swing with AMZN's volatility — the chart below is the honest record of what that has meant.
AMZY pays weekly. Each point below is one distribution since the fund began paying in September 2023.
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Each point is one payment; the line ends at the most recent payout. The table below totals them by year.
| Recent Ex-Dividend Dates | Distribution / Share |
|---|
"Next expected" is estimated from AMZY's recent payment rhythm — the fund announces exact dates shortly before each payout, and the data feed can lag a few days. You must own shares before the ex-dividend date to receive that payout; the cash typically arrives days later. See every fund's upcoming date on the live dividend calendar.
A real total-return estimate, assuming every payout was reinvested — including what happened to the share price. Before taxes and fees. Past performance does not predict the future.
Every YieldMax single-stock fund runs the same machine on a different engine: sell Amazon's rallies for premium, keep its declines, pay the premium out. What varies is the engine's temperament — and AMZN's temperament is the whole story of this chart. Compare the rhythm against TSLY, or line AMZY up against any fund on the compare tool.
Two warnings the marketing never leads with: headline yields annualize the recent payouts (which move), and the share price tends to erode because the strategy keeps downside it sold the recovery to. Check AMZY on the Erosion Index and the payout statistics board before sizing a position.
| Year | Total Distributions / Share | Payments | Change vs Prior Year |
|---|
Data source: Yahoo Finance. Figures are per share; the current year may be partial and figures should be verified against official sources.
Calculated from complete calendar years in the data above. Past results don't guarantee future payments.
When Is AMZY's Next Ex-Dividend Date?
AMZY pays weekly. The exact date of each payout is announced by the fund only shortly beforehand, so no site can promise the next date — but the live schedule box above shows the most recent ex-dividend date and the expected window for the next one, computed from AMZY's actual payment rhythm. Remember: you must own shares before the ex-dividend date to receive that payout.
AMZY's Record So Far
AMZY — the YieldMax AMZN Option Income Strategy ETF — launched in July 2023 and has paid since September 2023; one of the original 2023 YieldMax funds — three full years of payment record. The chart above shows every declared distribution, and the year-by-year table totals what a single share actually received.
How the Machine Works
The fund sells call spreads on AMZN, harvesting the premium the market pays for Amazon's future volatility, and distributes that premium weekly. The trade-off is structural, not incidental: rallies above the sold strikes belong to someone else, while declines mostly stay with the fund. Over time that asymmetry is why total return — payouts plus share-price change — is the only number that matters. Our compare tool overlays exactly that.
Reading the Chart Honestly
Big early payments, smaller recent ones is the typical YieldMax shape — partly the 2025 switch from four-week to weekly cadence (same money, four slices), partly volatility cooling, and partly share-price erosion compounding on itself. Before buying the headline yield, check what the payout statistics and Erosion Index say AMZY has actually delivered.
Model a YieldMax-Style Income Plan
Huge headline yields, eroding share prices — see what the math actually does to a long-term plan before you commit.
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