- Pays: weekly — typically going ex-dividend on Fridays.
- First paid: December 2024.
- What it is: GraniteShares' YieldBOOST fund on Tesla — it earns income from option strategies on 2x-leveraged TSLA exposure. Leverage on top of the market's most dramatic stock.
- The 2025 number: roughly $114 per share paid out in 2025 — several times today's share price. Split-adjusted, real, and completely unrepeatable at today's payout pace.
- Today's pace: around 22 cents a week — the fade after the frenzy, visible point by point in the chart below.
TSYY earns income from options on double-leveraged Tesla exposure; its payouts are among the most variable we track, and the fund's price reflects that history.
TSYY pays weekly. Each point below is one distribution since December 2024 — note the scale of the early checks versus today's.
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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 TSYY'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.
Tesla is already the most headline-driven large stock on earth. Double-leveraged Tesla ETFs amplify every move, and options on those command some of the richest premiums in existence — which is what TSYY sells. In its frenzied first year that math produced payouts that now read like typos (roughly $114 a share in 2025). It also produced the other side: a share price ground down as the leveraged exposure absorbed Tesla's drawdowns amplified.
The trailing yield here is meaningless as a forecast — it averages a frenzy that has already faded. Watch the recent weekly amounts instead, judge by total return in the backtest above, and read ROC & NAV Erosion before the headline number hypnotizes anyone.
| 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 TSYY's Next Ex-Dividend Date?
TSYY pays weekly — typically going ex-dividend on Fridays. 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 TSYY's actual payment rhythm. Remember: you must own shares before the ex-dividend date to receive that payout.
TSYY's Record: The Wildest Chart We Track
TSYY — the GraniteShares YieldBOOST TSLA ETF — launched in December 2024 and promptly produced the most extreme payout record on this site: roughly $114 per share distributed in 2025 against a share price near $21 today. The 2026 checks run around 22 cents a week. Both facts are real; together they're the whole lesson about trailing yields on leveraged option funds.
The Machinery: Options on 2x Tesla
GraniteShares' YieldBOOST design earns income from option positions on double-leveraged Tesla ETFs. Every layer multiplies: Tesla's volatility, times two, converted to premium. In manic markets the income is astonishing; in drawdowns the leveraged exposure erodes the fund's base at double speed, and the checks shrink with it. It is closer to a structured trade than an income investment.
Who This Is Actually For
A very small audience: traders who want maximum-octane Tesla volatility harvesting and fully understand return-of-capital mechanics. Everyone else should read the TSLY history first — the same story at half the leverage, with two more years of receipts. Next expected date, as always, on the live calendar.
Return of Capital, Demystified
When a fund's distribution is partly your own money coming back — and how to tell honest yield from an illusion.
Read: ROC & NAV Erosion