← All dividend history charts · start here if you're new to this
- Pays: monthly.
- First paid: shortly after its December 30, 2025 launch — every payment since is charted below.
- What it is: autocallable coupons on a 35%-volatility-target S&P 500 futures index with an embedded hedge — the aggressive half of the TrueShares pair.
- Target profile: distribution rate around 17%, 0.74% expense ratio — the volatility dial turned up for bigger coupons and more reachable barriers.
- Sibling: PAYM runs the identical machine at a 20% volatility target for ~10%.
PAYH's 35% volatility target is what funds its ~17% rate — volatility is the raw material of autocall coupons. The same dial that enriches the coupons brings the barriers closer in a serious decline.
PAYH pays monthly. Each point below is one distribution since the fund launched in December 2025.
Loading the latest data…
Each point is one payment; the line ends at the most recent payout. The table below totals them by year.
- Trailing 12 months: $2.68 per share across 8 payments — paying since Jan 2026, so no full prior-year comparison yet. What a change like that does to your income →
- Current pace: recent payments annualize to $4.13 — a projection, not a promise: the fund hasn't paid for a full year yet. Live cut & raise board →
- Record: 8 payments over 8 months; the largest single payment was $0.364 (May 2026).
- Payment drops ≥20% below trend, last 24 months: none. Get one short email if that changes →
- Payment steadiness: the last 8 checks wobble ±6% around their median. Compare that against any fund →
Every figure above is computed from PAYH's actual payment record and share-price history as of the date shown — not copied from a fact sheet. Recomputed regularly; the chart above always shows the live data.
Writing about PAYH? Drop this live card into your blog, newsletter, or forum post. It redraws itself with fresh payment data on every view — no stale screenshots. Free to use with the link included.
Click the code to select it, then copy. Updates hourly. All 201 tickers, iframe & Markdown versions →
| Recent Ex-Dividend Dates | Distribution / Share |
|---|
"Next expected" is estimated from PAYH'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.
Now Estimate Your Own Future
These are assumptions, not a prediction. Want the full chart and tax options? Open the full calculator →
PAYH and PAYM are the cleanest natural experiment in the autocallable category: identical machinery, one variable changed. PAYH runs its index at a 35% volatility target — nearly double its sibling's — which roughly doubles what the market pays for the crash insurance the fund sells: a ~17% distribution target versus ~10%.
The bill for that arrives only in bad markets: a higher-volatility index reaches barrier-breach territory more easily, and coupons stop exactly when prices fall. Watching this chart against PAYM's over time is the most honest side-by-side the category offers. Both sit in the field mapped by our explainer.
| 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 PAYH's Next Ex-Dividend Date?
PAYH pays monthly. 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 PAYH's actual payment rhythm. Remember: you must own shares before the ex-dividend date to receive that payout.
PAYH's Record So Far
PAYH — the TrueShares S&P Autocallable High Income ETF — launched December 30, 2025 as the aggressive half of TrueShares' pair, and has paid monthly since: recent checks around $0.34-0.36 a share, drifting gently as the ladder rolls. Annualized, the rate has held near its high-teens target.
What 35% Volatility Buys
An autocallable's coupon is the price the market pays for crash insurance, and insurance on a wilder index costs more. PAYH's underlying index engineers that wildness deliberately — volatility-targeting up to 35% — then sells insurance on it. The embedded hedge claws back some protection at the deep end. The net design: nearly double its sibling's income in good weather, with barriers that a genuine bear market could reach.
Where PAYH Fits
Read PAYH three ways: against PAYM (the same machine, defensive setting — the cleanest A/B test in income investing), against CAIQ (the other high-teens autocall with a real record), and against the August 2026 wave's high-yield promises, which have no checks to show yet. The whole field is mapped in the explainer.
New to Autocallable ETFs?
Coupon barriers, volatility targets, autocall dates — the whole machine in plain English.
Read the Autocallable ETF Explainer