How often does NFLY pay dividends?

NFLY pays weekly. YieldMax moved its single-stock option-income funds — NFLY included — from an every-four-weeks schedule to weekly distributions in 2025. Before that, the chart above shows the older, larger four-week payments; the cadence change is why recent payments look smaller but arrive four times as often.

Why do NFLY's payouts change so much?

Because the income is option premium on Netflix (NFLX), and premium tracks volatility. When NFLX is wild, NFLY collects more; when it's calm, less. There is no fixed dividend — the distribution is recalculated every cycle from what the option positions earned.

Does NFLY actually own Netflix stock?

Not in the ordinary way. NFLY holds Treasuries as collateral and builds its NFLX exposure with option spreads (the issuer currently describes the strategy as selling call spreads). That structure produces the income — and also the capped-upside, open-downside shape that explains the share price's long-term drift.

What is NFLY's expense ratio?

1.01% gross, per the issuer's fund page — each YieldMax fund prices slightly differently, so don't assume the family's advertised typical fee applies to every ticker.

NFLY Dividend History & Next Ex-Dividend Date

Q: When is NFLY's next ex-dividend date?

NFLY pays weekly, so the next ex-dividend date typically falls about a week after the previous one. Exact dates are announced by the fund shortly before each payout. This page computes the expected window from NFLY's live payment data and shows the most recent ex-dividend dates and amounts. You must own shares before the ex-dividend date to receive that payout.

← All dividend history charts

NFLY Distribution — Quick Facts

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 Netflix (NFLX), converting the stock's volatility into distributable premium. It does not simply hold the stock.
Fee: 1.01% gross expense ratio (issuer fund page).
The angle: earnings-gap risk in fund form: NFLX moves in lurches, and option premium prices that in.

The income is option premium, not Netflix profits: NFLY caps its upside when NFLX rallies and keeps most of the downside when it falls. Payouts swing with NFLX's volatility — the chart below is the honest record of what that has meant.

Every Distribution Payment, Over Time

NFLY pays weekly. Each point below is one distribution since the fund began paying in September 2023.

Loading the latest data…

NFLY Payment Schedule & Next Ex-Dividend Date

Recent Ex-Dividend Dates	Distribution / Share

"Next expected" is estimated from NFLY'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.

Where NFLY Fits in the YieldMax Family

Every YieldMax single-stock fund runs the same machine on a different engine: sell Netflix's rallies for premium, keep its declines, pay the premium out. What varies is the engine's temperament — and NFLX's temperament is the whole story of this chart. Compare the rhythm against MRNY, or line NFLY 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 NFLY on the Erosion Index and the payout statistics board before sizing a position.

Year-by-Year Table

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.

When Is NFLY's Next Ex-Dividend Date?

NFLY 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 NFLY's actual payment rhythm. Remember: you must own shares before the ex-dividend date to receive that payout.

NFLY's Record So Far

NFLY — the YieldMax NFLX Option Income Strategy ETF — launched in August 2023 and has paid since September 2023; earnings-gap risk in fund form: NFLX moves in lurches, and option premium prices that in. 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 NFLX, harvesting the premium the market pays for Netflix'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 NFLY 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.

Open the YieldMax Calculators

Educational content only — not financial advice. Payout history is provided by a third-party data source and may contain errors, omissions, or delays; verify against official sources before relying on it. Past distributions do not guarantee future payments. This is not a recommendation to buy or sell any security.